US STOCKS-Wall St flat as earnings offset tariff threats [Reuters]
Apple Inc. (AAPL)
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Source: Reuters
Wall Street flat as earnings offset tariff threats | Reuters 4 Min Read NEW YORK (Reuters) - U.S. stocks were largely unchanged on Friday as a string of strong earnings led by Microsoft offset escalating trade anxieties driven by U.S. President Donald Trump’s latest salvo of tough China tariff threats. Shares of Microsoft Corp ( MSFT.O ) hit a record high and were up 2.0 percent after second-quarter results beat analyst estimates. The company joins Apple Inc ( AAPL.O ) and Amazon.com ( AMZN.O ) in the race to be the first company worth $1 trillion. Microsoft’s advance provided the biggest boost to all three major U.S. stock indexes. Trump said he was ready to impose tariffs on $500 billion of Chinese imports, the latest in a series of protectionist moves that have sparked retaliation from U.S. trading partners around the world. Trump also reiterated criticism of planned interest rate hikes by the Federal Reserve, saying in a Twitter post that tightening U.S. monetary policy woul
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- AAPL's page on the SEC website