Stocks wrap winning week, Trump in Middle East, Buffett on Constellation Brands: Live Updates
U.S. stocks are set to wrap a winning week as tariff and trade fears ease, President Trump winds down his Middle East trip securing billions of investments for the U.S. and Warren Buffett’s Berkshire Hathway doubled its stake in spirits giant Constellation Brands. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
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The United States lost its marquee credit rating Friday after the close of trading when Moody's delivered a downgrade tied to debt load the country is sitting on.
The Dow Jones Industrial Average turned positive for 2025 on Friday led by United Healthcare, Walmart and 3M, while Chevron and Boeing lagged.
| Symbol | Price | Change | %Change |
|---|---|---|---|
| SP500 | $5,953.71 | 36.78 | 0.62 |
| I:COMP | $19,198.17 | 85.85 | 0.45 |
| I:DJI | $42,641.95 | 319.20 | 0.75 |
| UNH | $290.85 | 16.50 | 6.01 |
| WMT | $98.00 | 1.65 | 1.71 |
| MMM | $152.79 | 4.05 | 2.72 |
| CVX | $141.78 | -0.47 | -0.33 |
| BA | $205.56 | -0.68 | -0.33 |
In fact, all three of the major U.S. stock market averages rose on the final trading day of week, driving solid weekly gains as tariff fears ease coming off President Trump's Middle East trip where he secured billions of investments into the U.S.
WEEKLY MARKET GAINS:
S&P 500: +5^
Nasdaq Composite: +7%
DJIA: +0.8%
The Federal Reserve will be cutting around 10% of its workforce, according to a memo reviewed by FOX Business.
While its unconfirmed if this DOGE related, it does come as Elon Musk's led teams are working their way through bloated government agencies, including the IRS.
In a FOX Business exclusive FBI Director Kash Patel, says he is making big changes that will impact existing agents and those who aspire to fight crime.
Crypto exchange Coinbase was the victim of a cyberattack and the situation could cost the company millions. This comes ahead of the stock being added to the S&P 500, a prestigious recognition, on Monday.
Shares were under pressure Thursday losing around 7%. Bitcoin, the largest crypto by market value, remains north of the $100,000 level.
| Symbol | Price | Change | %Change |
|---|---|---|---|
| I:DJI | $42,322.75 | 271.69 | 0.65 |
| I:COMP | $19,112.32 | -34.49 | -0.18 |
Stocks were mostly higher on Thursday, with the S&P climbing for a fourth-straight session, on continued tariff deal optimism.
The Dow Jones Industrial Average finished 271.69 points, or 0.65%, higher while the S&P 500 rose 0.41%. The Nasdaq Composite fell 0.18%.
UnitedHealth group shares tumbled after The Wall Street Journal reported that the Justice Department is investigating the health insurer for fraud.
Stocks finished mostly higher on Wednesday as investors eye potential trade deals.The Dow closed 89.37 points, or 0.21%, lower while the Nasdaq Composite climbed 0.72%. The S&P 500 eked out a small gain of 0.1%.Investors waited on a potential trade deal from President Donald Trump’s meeting with Syria’s president in Saudi Araba despite a wave of optimism over a U.S.-China tariff truce earlier in the week.
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