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Wall Street Stays Resilient as Nasdaq Hits Record Amid Tariff Turbulence

  Markets defy trade jitters with mixed performance Wall Street wrapped up the week with a show of resilience, as the Nasdaq Composite edged to a fresh record close , buoyed by strong tech earnings and steady economic data. The S&P 500 posted a modest weekly gain , while the Dow Jones Industrial Average slipped 0.3% , reflecting investor caution amid escalating tariff tensions. Despite President Trump’s push for 15% to 20% blanket tariffs on European Union imports , markets largely shrugged off the geopolitical noise. Economic indicators, including a sharp drop in inflation expectations from the University of Michigan’s consumer sentiment survey, helped soothe investor nerves. Netflix’s earnings beat failed to impress, dragging its stock lower, while American Express posted strong results , signaling continued spending strength among affluent consumers. Meanwhile, CRISPR Therapeutics surged 17% after a major insider stock purchase, and Bitcoin briefly topped $118,000 befor...

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Have Trump Prosecutors Made Their Case at Hush-Money Trial

As the final witness testifies, legal experts assess the evidence so far and chances of a conviction.

The trial centers on a reimbursement Mr. Trump made to his former personal lawyer and “fixer,” Michael Cohen. Cohen, 57, claims he was directed to pay Ms. Daniels $130,000 (£104,000) in exchange for her silence about her alleged affair with Mr. Trump. Prosecutors have described this as an attempt to “unlawfully influence” the 2016 election. Though Mr. Trump’s case centers on a reimbursement he made to Cohen, his former fixer, prosecutors spent the first weeks of the trial walking the court through what led up to the $130,000 hush-money payment Cohen made to adult-film star Stormy Daniels.

The trial has garnered significant attention, and the verdict hinges on a single piece of evidence known as People’s Exhibit 35. Legal experts are closely watching to see how this crucial evidence will impact the outcome of the case. Testimony in the hush-money trial of Donald Trump is set to conclude in the coming days, putting the landmark case on track for jury deliberations that will determine whether it ends in a mistrial, an acquittal, or the first-ever felony conviction of a former American president. Stay tuned for further developments as the trial unfolds! 

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