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The Chronicle Telegram in Elyria, Ohio

24 Jul 2025

Page 3

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jul 24, 2025

Page

3

Stocks Hit Records As Trade Deal Spurs Rally Worldwide

Global equities surged after a deal lowering tariffs on Japanese imports to the United States, lifting the S P 500 to a new high and boosting the Dow by 507 points while the Nasdaq reached its own record. In Tokyo the Nikkei rose 3.5 percent as Trump floated a 15 percent tariff framework, down from earlier 25 percent.

MENTIONED IN THIS ARTICLE

New York United States Tokyo Donald Trump Japan Trump Brian Jacobsen Annex Wealth Management U.S Blunt White House Karoline Leavitt Commerce Department DOW Asml Holding N.V Sap At&t Wilshire Russell 2000 AbbVie Inc Abbott Laboratories Treasuries MONTR Accenture PLC Adobe Rae Ae Alphabet A Amazon American Express Co Apple Treasury Chevron Corp Cisco Systems Inc Coca-Cola Consolidated Ir Prime Fed Costco Wholesale Corp Darden Restaurants Inc Bmoago Diebold Nixdorf Inc 1YRAGO Dino Brands Global Inc Disney Eli Lilly and Company Emerson Electric Co Exxon Mobil Copper Rose Fifth Third Bancorp FirstEnergy Corp Ford Motor Co GE Aerospace Goldman Sachs Honeywell International IBM Intuit Inc Intuitive Surgical Inc Jpmorgan Chase & Co Johnson & Johnson Keycorp Linde PLC Lockheed Martin Corp Lowe's Lumen Technologies Inc Otalasset Nav American Amronbala Mastercard Inc Cptwidgrinca McDonald's Corp Merck & Co. Inc Fdmilinvsa Meta Platforms Inc Grfamrca Microsoft Corp Incamrca Morgan Stanley Invcamrca Nnsource Inc Nwprspetra Wamtinvia Nvidia Corp Netflix Inc Dodge & Cox Inc Stkl Nordson Corp Fidelity Northrop Grumman Corp. BC Oracle Corp PNC Financial Services Gr GroCo Palantir Technologies Inc. IntldxInstlPrm PIMCO EgIncAdmrl GrldxAdmrl RTX Corp Sherwin-Williams Six Flags Entertainment C PrmCpAdmrl Smucker Tesla Inc Texas Instruments UnitedHealth Group Inc VISA Verizon Walmart Wells Fargo Wendy's S&p Doe SEC The Associated Press
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Automakers warn Trump Japan deal hurts US rivals

U.S automakers contend the 15 percent Japanese auto tariff under the Trump framework worsens their cost gap. They note 50 percent steel and aluminum and 25 percent parts tariffs apply to U.S. firms, while foreign rivals gain competitive edge. Industry voices urge broader pacts with allies to balance the tariff regime.

MENTIONED IN THIS ARTICLE

Washington Uss Donald Trump U.S Matt Blunt American Automotive Policy Council General Motors Ford Japan United Kingdom Karl Brauer iSeeCars Autos Drive America Toyota Honda Nissan
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Supreme Court Allows Trump Fired Consumer Product Safety Board Moves

The Supreme Court let the Trump administration remove three Democratic members of the Consumer Product Safety Commission, who were fired and later reinstated by a federal judge. The case centers on presidential power to fire independent agency members without cause and could affect Humphrey’s Executor.

MENTIONED IN THIS ARTICLE

Washington Supreme Court Trump Consumer Product Safety Commission Donald Trump Justice Department Commission Joe Biden USS Matthew Maddox Baltimore Maddox High Court National Labor Relations Board Merit Systems Protection Board Biden Product Safety Commission Humphrey
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U.S. Existing Home Sales Fall Amid High Mortgage Rates

U S home sales slid in June to a pace of 3.93 million annualized units, the slowest since September, as mortgage rates hovered around 7 percent. Prices rose to a record $435,300, with perennial affordability pressures limiting buyers.

MENTIONED IN THIS ARTICLE

Los Angeles U.S National Association of Realtors Lawrence Yun NAR Freddie Mac Yun
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Also Mentioned on This Page

David Merkle Hasbro Iffs Wall Street GE Vernova Lamb Weston Ers Michigan Wisconsin Detroit Europe South Korea European Union Canada Mexico Stellantis Sam Fiorani AutoForecast Solutions the Market In Review Consumer Commission Mark Sherman
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