Defense contractors were the biggest losers in the S&P 500 Tuesday after RTX sounded a warning on tariffs. The aerospace and defense specialist said i ...

Elevated volatility and “continued pressure on asset prices” will likely continue until investors have a better understanding of U.S. trade policy, said David Solomon, Goldman Sachs's chief executive.

The sharp rise in tariffs this year marks the onset of a new era that will see most economies grow more slowly, with the U.S. suffering one of the largest hits, the International Monetary Fund said.