Stocks slip but on pace for weekly gains as tariff talks continue: Live Updates
The Dow, S&P 500 and Nasdaq Composite dipped Friday but are on pace to lock in weekly gains amid President Trump’s tariff back-and-forth. Gold pulled back from its record high. Earnings continue with Google shares higher. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Coverage for this event has ended.
Traders work on the floor of the New York Stock Exchange in New York City. (Reuters)
| Symbol | Price | Change | %Change |
|---|---|---|---|
| I:DJI | $39,904.97 | -,188.43 | -0.47 |
| SP500 | $5,477.82 | -6.95 | -0.13 |
| I:COMP | $17,182.98 | 16.94 | 0.10 |
Stocks finished the final trading session of the week on a high note as investors eyed developments on trade talks.
The Dow Jones Industrial Average closed up 20.10 points, or 0.05%, while the S&P 500 and Nasdaq Composite climbed 0.74% and 1.26%, respectively.
Shares of the "Magnificent Seven" climbed on Friday. Tesla jumped 9.8%, Nvidia popped 4.3% and Meta was up 2.65%.
The first U.S. nuclear that is sitting idle got the greenlight to restart in the coming months. The move is part of President Trump's mission to unleash America's energy independence.
Additionally, he is also working on cutting regulatory red tape.
| Symbol | Price | Change | %Change |
|---|---|---|---|
| MCD | $315.60 | -0.62 | -0.20 |
| WEN | $12.72 | -0.11 | -0.86 |
| YUM | $147.02 | -0.56 | -0.38 |
Chicken is gaining even more popularity at fast food joints, with three major chains trying to lure diners with their special recipes to boost sales.
Just this week, McDonald's announced its first new, permanent menu item in four years.
BofA CEO Brian Moynihan said trade deals would go a long way to ease investor and economic uncertainty, during an interview on 'Special Report with Brett Baier" while also giving his assessment on whether a recession is looming.
Shares of BofA have dropped 10% this year, inline with the broader market selloff.
Overnight China indicated it was mulling the possibility of exempting some U.S. imports from its 125% tariffs as the economic fallout in its ongoing trade war with Washington becomes more apparent, according to Reuters.
Live Coverage begins here