
US stocks fall in early trading to give back some of their recent gains
NEW YORK (AP) — Wall Street is giving back some of its gains from the week following a mixed set of profit reports from Gap, Ulta Beauty and other companies navigating the challenges created by President Donald Trump’s on-and-off tariffs.
The S&P 500 was down 0.3% in early trading Friday. The Dow Jones Industrial Average was down 158 points, or 0.3%, and the Nasdaq composite was down 0.3%.
Gap slumped after saying tariffs on imports from China and other countries could add up to $300 million to its costs this fiscal year. Wall Street has been preoccupied with questions about what will happen with Trump’s tariffs.
More Stories
Today in History: June 10, Opportunity rover sends last message from Mars
Today is Tuesday, June 10, the 161st day of 2025. There are 204 days left in the year. Today in...
London AI firm claims Getty copyright lawsuit is an ‘existential threat’ to generative tech industry
A landmark legal battle has begun in the UK High Court that could redefine the boundaries between copyright law and...
Editorial: Mayoral candidates must weigh in on Boston’s biz problem
A question for Mayor Michelle Wu and the candidates running to unseat her: How would you bring businesses back to...
Lang: It’s time for a challenger for Ed Markey’s seat
On Oct. 27, 2024 as the United States was in a state of flux, Senator Edward Markey announced that he...
UK wage growth slows and unemployment rises to four-year high
UK wage growth has slowed and unemployment has climbed to its highest level since the pandemic lockdowns ended, according to...
Social media creators to eclipse traditional media in global ad revenue for first time
Content created by individuals on platforms such as YouTube, TikTok, and Instagram is forecast to generate more global advertising revenue...