Stocks slumped after a key indicator of US inflation jumped at the fastest pace in three years in the wake of Donald Trump’s tariff campaign.

US President Donald Trump’s tariffs are giving international stocks a serious lift and at the same time helping to end the S&P 500 Index’s run of global dominance — at least for now.

Economics textbooks insist that stock prices reflect the future stream of a company’s profits on any given day. For all the brainpower devoted to these forecasts, however, they are essentially rough estimates of what may happen over the next twelve months and wild guesses about anything after that.

President Donald Trump stunned markets Wednesday by announcing 100% tariffs on imported semiconductor chips — but major chip stocks rallied. Taiwanese chip giant TSMC's stock closed 4.9% higher. In South Korea, Samsung Electronics ended 2.5% higher while SK Hynix reversed losses of over 3% in early trade to close 1.4% up.

U.S. stocks drifted to a mixed finish as President Donald Trump’s tariffs on dozens of countries had only a muted effect on markets worldwide.

U.S. stocks closed markedly lower on Friday, a day after President Donald Trump signed an executive order slapping new tariffs on dozens of countries. A weak jobs report worsened investor jitters, revealing a slowdown of hiring over recent months as Trump's previous tariffs took hold.

Stocks surged and investors' rate cut hopes climbed following Tuesday's better-than-expected inflation report. But simmering beneath the surface is an increasingly complicated economic picture. Ron Insana and David Gura join the 11th Hour to discuss.

President Donald Trump‘s wide-ranging tariffs went into effect Thursday, just as the economic fallout of the president's months-long tariff threats creates visible damage to the U.S. economy.

At least for now, the U.S. stock market is on board with President Donald Trump’s increasingly aggressive use of executive power