The turmoil at Tesla reached a fever pitch, as the news that two senior executives are leaving Elon Musk's electric-car maker emerged just hours after he smoked marijuana during an hours-long interview streamed live online.
The S&P; 500 and the Dow Industrials reversed course to trade lower on Friday as Trump threatened more tariffs on Chinese imports.
Australian stocks are barely positive for the year after a torrid week that saw trade, emerging markets and regulation rock investor confidence.
The pendulum has swung against emerging markets, many of which are now battling to stem a slide in their currencies, and growing debt piles.
Trade concerns have wiped close to $50 billion off the Australian sharemarket's market capitalisation this week as investors traded cautiously.
Facebook's shrinking margins are giving investors the most pause, one reason for the extended selling of its shares.
JPMorgan has poached Morgan Stanley head of hedge fund sales Justin Lindquist.
The Aussie dollar has shot lower ahead of a possible announcement from the United States that they will impose further tariffs on Chinese ex...
Australian shares, which were hammered on Thursday, are poised to drop at the open. The Aussie steadied.
Markets may temporarily wane if President Donald Trump were impeached but will almost certainly recover, market strategists say.
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