00:00 Speaker A

It’s time for Yahoo! Finance’s market minute stocks sliding to end the week as President Trump threatens new tariffs on Apple and the EU. Bitcoin dropping from its highs of north of $111,900, the cryptocurrency retreating amid the overall downturn in the markets following those tariff threats from Trump. Bitcoin has seen a monster rally though over the past month gaining more than 40% since its April low. Nippon Steel’s takeover of US steel hanging in the balance. The Japanese steelmaker awaiting Trump’s final decision, the President of Nippon Steel saying in a press conference that its talks with the US government are in the final stage according to Nikkei Asia. And shares of Volvo cars, they’re sliding following a tariff related warning, the company’s CEO saying customers may have to pay a large part of the tariff related cost increases. That’s according to Reuters. And that’s your Yahoo! Finance market minute. For more what’s trending on Yahoo! Finance, scan the QR code below.



Source link


Leave a Reply

Your email address will not be published. Required fields are marked *