Saturday, December 28, 2024

Trump’s tariff threat, retail earnings in focus: Yahoo Finance

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President-elect Donald Trump is threatening a 25% tariff on goods from Mexico and Canada and an additional 10% tariff on goods from China. The renewed emphasis on tariffs has some investors concerned about the potential ripple effects of new levies. Wall Street is also eyeing a slew of earnings results from retailers such as Best Buy, Abercrombie & Fitch, and Dick’s Sporting Goods. Trending tickers on Yahoo Finance include Rivian Automotive, Zoom Video Communications, and Intel. Key guests include: 9:05 a.m. ET – Brian Nick, NewEdge Wealth Head of Portfolio Strategy 9:45 a.m. ET – Joseph LaVorgna, Fmr. NEC Chief Economist under President Trump 10:20 a.m. ET – Jason Les, Riot Platforms CEO 10:30 a.m. ET – Bradley Tusk, Tusk Venture Partners Founder & CEO 11:10 a.m. ET – David Tinsley, Bank of America Institute Senior Economist

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