US Market Live Update: Wall Street experienced a robust opening on Friday, continuing its record-setting rally as decreased geopolitical tensions in the Middle East boosted risk appetite. The Dow Jones Industrial Average soared more than 500 points, or 1.1%, at the start. The S&P 500 rose 0.6%, and the Nasdaq Composite increased by 0.9%, further extending gains after both indices reached new highs in the prior session.
Trump announces plans to increase steel and aluminum tariffs to 50%.
US President Donald Trump announced on Friday that he would increase steel and aluminum import tariffs to 50%, a significant rise from the…
