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Why major chip stocks are in the green, despite Trump's 100% tariff threat
President Donald Trump stunned markets Wednesday by announcing 100% tariffs on imported semiconductor chips — but major chip stocks rallied. Taiwanese chip giant TSMC's stock closed 4.9% higher. In South Korea, Samsung Electronics ended 2.5% higher while SK Hynix reversed losses of over 3% in early trade to close 1.4% up.
Stocks are rising on Wall Street, even as President Donald Trump’s latest tariffs kicked into effect on dozens of countries.
Stocks were lower in the final hour of trading, with the Dow Jones Industrial Average heading for its worst day since President Donald Trump's Aug. 1 trade-deal deadline. The Dow was down about 320 ...
Federal agencies would need to rewrite rules and regulations to allow the expanded choices, and that would take months or ...
Stocks were falling Thursday after President Donald Trump’s sweeping tariffs went into effect and initial jobless claims came in higher than expected.These stocks were moving:Eli Lilly slumped 14% ...
Trump's One Big Beautiful Bill and sweeping tariffs are creating rifts in the stock market. Here's what to invest in, ...
The S&P 500 edged down by 0.1 percent after climbing earlier in the day to the edge of its record, which was set late last ...
According to a White House official, Apple will announce a new $100 billion commitment in the U.S., an acceleration of its ...
Big banks said they agree with President Donald Trump that financial regulations need an overhaul, even as their stock prices ...
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