Dan Scavino sold off at least $1 million in Truth Social stock on April 1, while Sergio Gor sold at least $15,000 a few days earlier.

Late Thursday, Trump posted a letter threatening to impose 35% tariffs on goods from Canada. The barrage of letters began on Monday, setting tariffs of 25% on goods from Japan and South Korea and 50% on Brazil.

Analysts expect profits from companies in the S&P 500 to climb 4.8% in the second quarter, according to FactSet. That would mark the lowest year-over-year growth since 2023, and a steep drop from the 13% jump during the first three months of this year.

Markets had dismissed tariff risks under the assumption that Trump would follow an earlier pattern and back off, in what became known as the so-called TACO trade. That allowed stocks to reach new record-high territory recently, marking a stunning rebound from the collapse triggered by his “Liberation Day” reciprocal tariffs in April.

Wall Street on Friday was poised for a negative open, with stock index futures down, as President Donald Trump slapped a 35% tariff on Canada and warned of further hikes if Ottawa retaliated. S&P 500 futures (SPX) -0.

S mall caps and blue chips lagged a generally down market Friday as the Russell 2000 and Dow Jones Industrial Average were responsible for most of the selling. Meanwhile the Nasdaq and S&P 500 tried to limit losses as Nvidia NVDA and Palantir PLTR continued to attract buyers on the stock market today.

These days, Tesla investors would probably like to be thinking about EV sales, robo-taxis, or anything else besides politics.

CNBC anchor Joe Kernen broke the news that Trump dropped a new tariff threat on Canada, and asked Megan Cassella if she knew "what made him mad." The post ‘Something Must Have Made Him Mad!’ CNBC Anchor Breaks New Trump Threat That ‘Knocks Stock Market Off Balance’ first appeared on Mediaite.

Trump Media & Technology Group ( DJT 1.65%) stock lost ground in June's trading despite a very strong bullish backdrop for the broader market. The company's share price fell 15.2% across the stretch, according to data from S&P Global Market Intelligence. The S&P 500 gained 5% in the month, and the Nasdaq Composite rose 6.6%.

Trump’s tariffs and the trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

Families can contribute up to $5,000 a year into Trump accounts, with employers allowed to chip in up to $2,500 of that amount.

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