Chinese stocks trading in the U.S. tumbled Friday after former President Donald Trump threatened to sharply raise tariffs on Chinese imports if he returns to office, warning that China has become “very hostile.” Alibaba and Baidu each slid about 8%, while JD.com and PDD Holdings fell 6.6% and 5.2%, respectively. The iShares MSCI China ETF…
Check out the companies making headlines in midday trading: Bank stocks — Major banks declined on Friday, as President Donald Trump’s new tariff policies increasingly raised fears of a U.S. economic pullback. Shares of Goldman Sachs , Citigroup , Morgan Stanley and Wells Fargo tumbled about 8%. JPMorgan dropped 7%. Tesla , Palantir Technologies —…
Check out the companies making headlines in midday trading: Tesla — The electric vehicle maker slipped 8% after reporting its first ever annual vehicle deliveries decline . Tesla delivered 1.79 million vehicles in 2024, a drop from 1.81 million in 2023. Constellation Energy — Shares jumped 8% after the company secured a record-setting $1 billion…
