John Towfighi

New York

Writer at CNN

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Articles

US stocks push higher despite renewed tariff tensions

3 days ago | channel3000.com | Anna Cooban |John Towfighi

London/New York (CNN) — US stocks gained Monday as investors digested President Donald Trump’s doubling of tariffs on America’s steel and aluminum imports while trade tensions with China flare up once again. The Dow closed higher by 35 points. The S&P 500 gained 0.41% and the tech-heavy Nasdaq Composite index rose 0.67%. US stocks had opened lower before ticking up. While stocks rose, the dollar broadly weakened on Monday amid renewed concern about a global trade war.
Live updates: Latest Trump news on tariffs; Ukraine and Gaza peace efforts

4 days ago | cnn.com | Antoinette Radford |Elisabeth Buchwald |Vanessa Yurkevich |John Towfighi

Live Updates Video Ad Feedback 'It's not going to work': Author on Musk trying to distance himself from Trump 01:34 - Source: CNN 'It's not going to work': Author on Musk trying to distance himself from Trump 01:34 • Trump’s tariffs: More uncertainty surrounds President Donald Trump’s trade policy to start a new week.
Trump’s trade war is bruising Apple — and your 401(k) | CNN Business

5 days ago | cnn.com | John Towfighi |Marc Stewart

Apple has tumbled 20% this year as President Donald Trump's tariff threats have clouded the outlook for the company. Michael M. Santiago/Getty Images CNN — President Donald Trump’s swipes at Apple aren’t just bruising the company’s bottom line — they may also be taking a bite out of your 401(k). The president’s chaotic trade war continues to threaten Apple’s business model, which relies extensively on international supply chains.
S&P 500 posts best month since 2023 as Wall Street tries to ignore the trade war

5 days ago | channel3000.com | John Towfighi

New York (CNN) — US stocks closed out a wild month with a whimper as tariff jitters returned to Wall Street. Stocks bounced around in a choppy trading session on Friday after President Donald Trump said China has “totally violated” its trade agreement with the United States — without specifying details — sending another jolt of uncertainty through markets. The Dow closed higher by 54 points, or 0.13%, after fluctuating throughout the day.
Stocks futures drop as Trump claims China has ‘violated’ trade agreement

6 days ago | cnn.com | John Towfighi

Stocks were set to open lower on Friday after President Donald Trump blasted China on social media. Michael M. Santiago/Getty Images New York CNN — Stock futures fell Friday after President Donald Trump said China has “totally violated” its trade agreement with the United States, sending another jolt to markets after a whiplash week of tariff developments. Dow futures were down 100 points, or 0.3%. S&P 500 futures and those tied to the Nasdaq 100 both slid 0.3%.
Stocks waver after a federal court halted Trump’s tariffs

1 week ago | channel3000.com | David Goldman |John Towfighi |Alicia Wallace

New York (CNN) — Stocks were mixed Thursday after a federal court ruled late Wednesday that President Donald Trump overstepped his authority to impose sweeping tariffs, throwing into chaos the administration’s core trade policy that has threatened to raise prices for businesses and slow the economy. Investors initially cheered, but not overwhelmingly — and a morning rally lost steam on Thursday as investors assessed the potential outcome for Trump’s tariffs.
Co-defendant in sexual assault lawsuit against Vince McMahon agrees to provide evidence against him

1 week ago | cnn.com | John Towfighi

A WWE logo shines from the WWE wrestling world headquarters on January 28, 2024 in Stamford, Connecticut. John Moore/Getty Images CNN — John Laurinaitis, a former World Wrestling Entertainment executive, has reached a settlement with a former WWE employee who accused him of sexual assault and has agreed to provide evidence in her ongoing lawsuit against embattled former WWE CEO Vince McMahon.
‘Buying the dip’ worked well in recent weeks, but Wall Street is cautious for a reason

1 week ago | cnn.com | John Towfighi

Wall Street is heeding caution about US stocks — while Main Street isn't wavering. Richard Drew/AP New York CNN — A divergence is taking hold in markets: While Wall Street is sending money abroad, Main Street is leaning in to America, doubling down on a “buy-the-dip” strategy that has, for now, paid off. Wall Street heavyweights continue to warn that the trade war could hurt the economy, posing a threat to markets.
‘Buying the dip’ worked well in recent weeks, but Wall Street is cautious for a reason

1 week ago | kten.com | John Towfighi

New York (CNN) — A divergence is taking hold in markets: While Wall Street is sending money abroad, Main Street is leaning in to America, doubling down on a “buy-the-dip” strategy that has, for now, paid off. Wall Street heavyweights continue to warn that the trade war could hurt the economy, posing a threat to markets. A Bank of America survey in April showed the largest number of global fund managers on record intending to decrease their holdings of US stocks.
Dow surges by more than 700 points after Trump hits pause on his EU tariff threat (again)

1 week ago | channel3000.com | David Goldman |John Towfighi

New York (CNN) — Rinse, repeat. Stocks rose Tuesday after President Donald Trump did a 180-degree turn on his threat to place a massive 50% tariff on goods imported from the European Union. The Dow closed higher by 741 points, or 1.78%. The broader S&P 500 rose 2.05% and the tech-heavy Nasdaq Composite gained 2.47%. The S&P 500 snapped a four-day losing streak. The three major indexes each posted their biggest single-day gain in two weeks.

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John Towfighi @johntowfighi

21 Nov 24

A recent lawsuit alleges Linda McMahon, who President-elect Donald Trump tapped to lead the Department of Education, knowingly enabled the sexual exploitation of children by a WWE employee as early as the 1980s — allegations she denies. For @CNN https://t.co/MewFYVCNzM

John Towfighi @johntowfighi

19 Sep 24

RT @BusinessInsider: A Texas baby boomer who retired at 60 and moved to Mexico says housing, food, and a good life are cheaper, but gas is…

John Towfighi @johntowfighi

16 Sep 24

For Keiland Smith, 33, and his wife, Tressley, moving to the Netherlands presented an opportunity to escape the hustle of American corporate life, lower costs like rent, and travel more easily. For @BusinessInsider https://t.co/XkLkYRFCdQ

John Towfighi

Articles

US stocks push higher despite renewed tariff tensions

Live updates: Latest Trump news on tariffs; Ukraine and Gaza peace efforts

Trump’s trade war is bruising Apple — and your 401(k) | CNN Business

S&P 500 posts best month since 2023 as Wall Street tries to ignore the trade war

Stocks futures drop as Trump claims China has ‘violated’ trade agreement

Stocks waver after a federal court halted Trump’s tariffs

Co-defendant in sexual assault lawsuit against Vince McMahon agrees to provide evidence against him

‘Buying the dip’ worked well in recent weeks, but Wall Street is cautious for a reason

‘Buying the dip’ worked well in recent weeks, but Wall Street is cautious for a reason

Dow surges by more than 700 points after Trump hits pause on his EU tariff threat (again)

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