Trump hints at temporary auto tariff relief
President Trump suggested delaying auto tariffs to give carmakers time to adjust supply chains in Canada and Mexico. He said production may shift here and stressed flexibility amid market jitters and ongoing trade negotiations. Apple and EU officials referenced in brief, with mixed signals on broader protections. The market responded with modest gains and concerns about confidence and higher rates.
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Poll finds mixed views on tariffs and Trump plan
CBS News You Gov poll shows 51 percent like Trump tariff goals while 63 percent dislike his handling. 58 percent oppose new tariffs, 42 percent in favor. Many doubt a clear plan, with 50 percent saying no clear U.S. policy. Public sees tariff impact as raising prices and hurting stock market.
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Global stocks rise on tariff relief easing market fears
Global equities advanced after Trump offered partial tariff relief on electronics, boosting Apple and other tech names. The S&P 500, Dow, and Nasdaq gained as investors weighed temporary exemptions and renewed trade tensions while bonds steadied and banks posted solid results.
Nvidia to build AI chips and supercomputers in U.S.
Nvidia will manufacture Blackwell AI chips in Arizona and build AI supercomputers in Texas, starting Blackwell production in Phoenix via TSMC. The plan includes 1 million square feet of manufacturing space and aims to create hundreds of thousands of jobs and trillions in economic impact over decades.
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Market in Review Dow Jones Closes Higher
The Dow Jones Industrial Average ends at 40,524.79, up 312.08 points or about 0.8 percent as trading closes. Investors weigh earnings, inflation data, and policy signals while broad gains support the index rally.
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