U.S. stock market futures higher traded higher on Friday, getting a boost from a small earnings beat at Apple but with looming tariff developments threatening to upend the momentum. Dow Jones Industrial Average futures rose 113 points, or 0.3%, to 45168. S&P 500 futures gained 25 points, or 0.4%, to 6124.
Tech giant Apple could be hit hard if Donald Trump decides to unleash trade tariffs on China after the firm revealed a shock drop in iPhone sales in the Chinese market. Apple reported its total revenue from the Far Eastern nation registered £14.3 billion for the last financial year, an 11% decrease from the previous year.
Investing.com - U.S. stock futures pointed higher on Friday, with investors pouring through fresh tariff threats from U.S. President Donald Trump and a raft of tech earnings, including iPhone-maker Apple (NASDAQ:AAPL).
The Trump tariffs could financially hit Apple's chip production partnership with TSMC, after the President insisted the import taxes will be applied to semiconductors and other specific industries in the near future.
Trump's virtual appearance at the World Economic Forum annual meeting in Davos was full of promises and threats.
Cloudflare CEO Matthew Prince says the Trump administration should make cybersecurity defenses mission critical.
Will opening the gates to placate the US lead to a floodgates open for China scenario?
Dow, S&P 500, and Nasdaq futures are rising in premarket trading Friday as the stock market waits for news on President Donald Trump's threats to apply tariffs on Mexico, Canada, and China. Also PCE inflation data are due.
Trump is now the president again. He has promised a historically busy Inauguration Day.
During his re-election campaign, President Donald Trump pushed an agenda to bring more manufacturing to the United States via tariffs. While Apple has so far escaped the prospect of dealing with ...
The owner of South Baltimore's Marlin Steel has been imploring someone to do something about the “cheaters” in other countries — especially China.
Asian shares wavered on Friday, weighed down by the return of tech-heavy South Korean stocks from holidays, but relatively strong earnings from U.S. tech giants kept risk sentiment intact while tariff threats pushed the dollar and gold prices higher.