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Stocks gained on Friday and the S&P looked set to post its longest winning streak since 2004.
Michael Nagle/Bloomberg/Getty Images
S&P 500 posts longest winning streak in 20 years as Trump and China show some willingness to bend on trade
Parcels slide down a ramp after being scanned at the U.S. Customs and Border Protection overseas mail inspection facility at Chicago's O'Hare International Airport Feb. 23, 2024, in Chicago. The explosive growth of cross-border e-commerce involving major China-backed players such as Shein and Temu has caught the attention of the U.S. lawmakers amid a bitter U.S.-China trade war and cast a spotlight on a tax rule that critics say has allowed hundreds of millions of China-originated packages to enter the U.S. market each year without duty and without reliable information for lawfulness.
Charles Rex Arbogast/AP
A massive tariff on millions of Americans’ purchases just went into effect — cue the chaos
People visit a job fair booth on April 30 in Sunrise, Florida. Over 150 local hiring managers & recruiters were at the fair to recruit workers for 1000s of positions in Miami, Broward, and Palm Beach County.
Joe Raedle/Getty Images
The US economy added a stronger-than-expected 177,000 jobs in April
The Les Halles shopping area in Paris, France, on April 15.
Nathan Laine/Bloomberg/Getty Images
Trump’s tariffs could make Europe, not America, ‘Great Again.’ At least when it comes to inflation
A McDonald's restaurant in Martinez, California, US, on Tuesday, Feb. 4, 2025. McDonald's Corp. is expected to release earnings figures on February 10. Photographer: David Paul Morris/Bloomberg via Getty Images
David Paul Morris/Bloomberg/Getty Images
McDonald’s just had its worst quarter since Covid. It said customers are getting nervous
Kazuo Ueda, governor of the Bank of Japan (BOJ), pauses during a news conference at the central bank's headquarters in Tokyo, Japan, on Thursday, May 1. The BOJ left its benchmark rate unchanged while pushing back the timing for when it expects to reach its inflation target amid intensified uncertainties due to US tariff measures. Photographer: Toru Hanai/Bloomberg via Getty Images
Toru Hanai/Bloomberg/Getty Images
Another American ally just issued an economic warning because of the trade war
Shipping containers at the Port of Los Angeles on April 3. The latest US GDP report showed that goods imports rose by 51% in the first quarter, the fastest pace since 2020.
Mario Tama/Getty Images
America’s economy may actually be even weaker than it appears

Economic calendar

Sun · 5/4 Mon · 5/5 Tue · 5/6 Wed · 5/7 Thu · 5/8
Time Event Impact Previous Forecast Actual
Thursday · May 8, 2025

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