US stocks fell on Friday after President Donald Trump threatened a 35% tariff on Canada — a sharp escalation in an ongoing trade war. The Dow closed lower by 279 points, or 0.63%. The broader S&P 500 fell 0.

Stocks were under a bit of pressure Friday from tariff jitters, but corporate debt has been looking like a bargain when compared with equities at record highs, according to CreditSights. "As of July 11,

Jim Cramer, who under all the bluster, often serves as a voice of reason for the stock market, has named four stocks that are falling, but are still good buys. These are companies facing short-term headwinds that have clearer sailing long-term.

The jeans maker posted strong results for the first half of the year and [boosted its annual outlook](

U.S. stocks and government bonds were swept up in a selloff on Friday, as President Trump’s threats of new tariffs against a host of U.S. trade partners unnerved investors.

A rally that has taken U.S. stocks to record highs will be tested in the coming week by the kick-off of corporate earnings season and a key inflation report as investors hope to learn more about the economic fallout from tariffs.

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The president again pushed the Fed to lower rates, helping power the S&P 500 and the Nasdaq composite to fresh record closing highs.

Indian equity benchmarks posted a second straight weekly loss, weighed down by uncertainty over a potential U.S. trade deal and weak earnings from IT major Tata Consultancy Services .

The defense secretary said he planned to boost production of drones, and supply combat units with more of them.