Stock Market Today: Stocks Face Weak Open on Trade Jitters, Boeing, PPI
President Trump makes new tariff threat. Boeing dives after Indian airliner crash. Oracle shares jump after earnings. Producer prices show small increase.
Stocks were facing a weak open after President Trump said late Wednesday he planned to impose unilateral tariffs on dozens of trading partners in the coming weeks.
Speaking to reporters at the Kennedy Center, he said the U.S. was very happy about its trade truce reset with China. But the administration wants more deals now and expects to send letters to more than 150 countries saying, essentially, make trade offers or see new tariffs imposed.
