Trump, TikTok
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Dow Jones Futures: Nvidia, Palantir Near Buy Points With Fed Inflation Due; Trump Sets New Tariffs
Fed inflation data is due. Nvidia, Palantir are near buy points. President Trump OK'd new tariffs and a TikTok deal.
President Donald Trump this week will declare that a deal to divest TikTok's U.S. operations from its Chinese owner ByteDance will meet requirements set out in a 2024 law, a White House official said on Monday,
According to a CBS News report citing unnamed sources, Oracle is part of a consortium working on a framework agreement that could address U.S. government concerns over the app's Chinese ownership. Details of the structure remain unclear,
Stock futures were little changed ahead of an important U.S. inflation reading Friday, although shares of furniture and home goods retailers pulled back sharply after President Donald Trump unveiled new tariffs.