Apple Leads Magnificent 7 Stocks Higher Friday to Cap Off Volatile Week
Apple shares surged Friday, leading other Magnificent Seven members higher amid a broader market rebound to cap off a wild week fueled by tariff-driven volatility.
Apple shares surged Friday, leading other Magnificent Seven members higher amid a broader market rebound to cap off a wild week fueled by tariff-driven volatility.
Tariffs were on, then they were off. At least temporarily, and only some of them — but not for China, which got hit with steeper duties and promptly hit back.
Warren Buffett's Berkshire Hathaway forged ahead with a yen bond sale, fueling speculation the investor is preparing for a stock-buying spree.
"This technology is just starting," Changpeng Zhao said about Bitcoin's long-term growth potential.
Nvidia is one of the firms "more protected" from Trump's tariffs, Morgan Stanley said this week.
The National Center for Public Policy Research, a McDonald's shareholder, pushed the fast food giant to consider it, despite a lack of interest.
The S&P 500 added 1.8% on Friday, April 11, 2025, closing out a turbulent week for the stock market as investors reacted to the latest announcements on tariffs.
Gold hit $3,200 for the first time on Friday. Wei Li, chief investment strategist at BlackRock, said it was a "better diversifier" than Treasury bills.
Officials at the Federal Reserve said this week that the U.S. economy is in for higher inflation and slower growth as President Donald Trump's trade war heats up. Several Fed officials indicated that inflation is their biggest concern.
US indexes were back in sell-off mode, and China's latest retaliatory tariff further escalates the trade war.