Francesca Fontana

But, you know, you'd never know it, at least not by the looks of the photo op Trump held later that day on Tuesday. He joined Elon outside the White House alongside several Tesla models. The shoutout did give the stock a rebound, with shares rising almost 4% on Tuesday. But on a weekly basis, Tesla posted a loss for the eighth week in a row, this time a loss of nearly 5%.

All right, like I promised, it is time for another trade war play-by-play. I know last week was pretty nuts. You can be the judge of how this week stacks up in comparison. Spoiler alert, it's not the global auto industry caught in the crossfire. No, this time it is alcohol.

All right, like I promised, it is time for another trade war play-by-play. I know last week was pretty nuts. You can be the judge of how this week stacks up in comparison. Spoiler alert, it's not the global auto industry caught in the crossfire. No, this time it is alcohol.

You might recall that Trump announced back in February that on March 12, 25% tariffs on steel and aluminum would go into effect. And that they did. On Wednesday. So on Wednesday, the European Union announced retaliatory tariffs against the U.S. Really hitting them where it hurts. 50%, starting April 1, on imports of American whiskey, motorcycles, and motorboats. we're gonna focus on the whiskey.

You might recall that Trump announced back in February that on March 12, 25% tariffs on steel and aluminum would go into effect. And that they did. On Wednesday. So on Wednesday, the European Union announced retaliatory tariffs against the U.S. Really hitting them where it hurts. 50%, starting April 1, on imports of American whiskey, motorcycles, and motorboats. we're gonna focus on the whiskey.

Then, Thursday, Trump escalates, threatening to impose 200% tariffs on all alcohol imports from the bloc, prompting a sell-off among European drink makers. Beer, wine, champagne, liquor, you name it. Now, this EU levy on American whiskey That'd be a blow to Jack Daniels maker Brown Foreman and other U.S.

Then, Thursday, Trump escalates, threatening to impose 200% tariffs on all alcohol imports from the bloc, prompting a sell-off among European drink makers. Beer, wine, champagne, liquor, you name it. Now, this EU levy on American whiskey That'd be a blow to Jack Daniels maker Brown Foreman and other U.S.

distillers, which are already contending with a drop in demand as American drinkers cut back on, well, drinking. And the tariff threat was a blow to Brown Foreman's stock this week. Its shares fell 5.1% on Wednesday, and on a weekly basis, the stock was down 5.8%. Last but not least, U.S. airlines lost some air on Tuesday, but some carriers managed to buck the trend.

distillers, which are already contending with a drop in demand as American drinkers cut back on, well, drinking. And the tariff threat was a blow to Brown Foreman's stock this week. Its shares fell 5.1% on Wednesday, and on a weekly basis, the stock was down 5.8%. Last but not least, U.S. airlines lost some air on Tuesday, but some carriers managed to buck the trend.

Delta Airlines, American Airlines, and JetBlue lowered guidance early in the week, and we saw Delta shares fall more than 7% on Tuesday, while American shares lost more than 8%. But JetBlue gained 4.2%. For one, its outlook cut was smaller than the others, and it already warned of first-quarter weakness back in January.

Delta Airlines, American Airlines, and JetBlue lowered guidance early in the week, and we saw Delta shares fall more than 7% on Tuesday, while American shares lost more than 8%. But JetBlue gained 4.2%. For one, its outlook cut was smaller than the others, and it already warned of first-quarter weakness back in January.

Meanwhile, Southwest unveiled a range of moves to lift revenue, including the seismic shift of charging for checked bags. And its shares on Tuesday jumped about 8%. So JetBlue, Southwest... How'd the stocks fare the rest of the week? Well, JetBlue ended with a loss of more than 8%, while Southwest posted a weekly gain of more than 9%. And now you know what's news in markets this week.

Meanwhile, Southwest unveiled a range of moves to lift revenue, including the seismic shift of charging for checked bags. And its shares on Tuesday jumped about 8%. So JetBlue, Southwest... How'd the stocks fare the rest of the week? Well, JetBlue ended with a loss of more than 8%, while Southwest posted a weekly gain of more than 9%. And now you know what's news in markets this week.

You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section. Today's show was produced by Zoe Kolkin and Anthony Bansi, with supervising producer Michael Kosmitas. I'm Francesca Fontana. Have a great weekend, and I'll see you next Saturday.

You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section. Today's show was produced by Zoe Kolkin and Anthony Bansi, with supervising producer Michael Kosmitas. I'm Francesca Fontana. Have a great weekend, and I'll see you next Saturday.

Hey, listeners, it's Saturday, March 8th. I'm Francesca Montana for The Wall Street Journal, and this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them. Let's get to it. Trade, trade, trade. That was the big story in the stock market as investors and portfolio managers grappled with fears about U.S.

Hey, listeners, it's Saturday, March 8th. I'm Francesca Montana for The Wall Street Journal, and this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them. Let's get to it. Trade, trade, trade. That was the big story in the stock market as investors and portfolio managers grappled with fears about U.S.

economic performance amid a ton of policy uncertainty. Don't worry if you missed the latest on all the rapid-fire tariff updates this week. I will run through those in a bit. On a broader level, we've been seeing U.S. consumer confidence slipping on fears of rising prices, which was a thread we saw in some of the retail movers this week. I'll come back to those in a minute, too.

economic performance amid a ton of policy uncertainty. Don't worry if you missed the latest on all the rapid-fire tariff updates this week. I will run through those in a bit. On a broader level, we've been seeing U.S. consumer confidence slipping on fears of rising prices, which was a thread we saw in some of the retail movers this week. I'll come back to those in a minute, too.

Then, of course, there was Thursday's big sell-off, with chip stocks in particular getting hammered as investors searched through AI chip makers' results, looking for the next big thing, the next NVIDIA, if you will. And while the indexes managed to end Friday in the black, they each notched losses for the week. The Dow fell more than 2%, the S&P lost more than 3%, and the Nasdaq fell about 3.5%.