💨 Abstract

A global shares index fell and gold hit a record high on Friday due to concerns over a potential trade war sparked by U.S. President Donald Trump's tariff decisions on auto imports and plans for broader levies next week. This caused Wall Street to lose ground for the third consecutive day, with the biggest losers being communication services, consumer discretionary, technology, and financial equities. Utilities stocks were the only ones to trade higher.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖