Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news

President Donald Trump's latest tariff threats were adding pressure to global stocks on Friday. Shares of the popular Global X DAX Germany exchange-traded fund were down 1.2% on Friday, while heading for a 2% two-day slump.

Levi’s increased its full-year earnings projections despite higher tariff rates, sending the stock higher in after-hours trading.

The White House rolled out a series of new tariff announcements this week, yet the S&P 500, Nasdaq, bitcoin, and Nvidia have all notched all-time highs over the last 24 hours. Meanwhile, the VIX — Wall Street’s fear gauge — has collapsed well below its long-run average after surging to historic highs in April.

NVIDIA CEO Jensen Huang spoke to USA TODAY about tariffs, trade and his trip to China after a meeting with President Donald Trump at the White House.

Stocks were flashing this warning signal before tariff jitters drove Dow down more than 400 points. Tesla and Apple don’t belong in the ‘Magnificent Seven’ anymore. These two hot tech stocks should replace them.