STOCKS/ECONOMY
-Stock futures are lower after Thursday's 192-point gain for the Dow, smaller 0.3 percent advance for the S&P 500, and a 0.1 percent blip higher for the Nasdaq. Investors are more bearish this morning as they react to new tariffs being slapped on Canada by the Trump administration.
-The yield on the 10-year Treasury bond is at 4.38 percent.
-Gold is at the $3,358 per ounce level. Bitcoin is up to new highs at the $118,000 level.
-Asian markets closed mixed today. The Hang Seng gained 0.5 percent, the Nikkei lost 0.2 percent, and the Shenzhen rose 0.6 percent.
OIL/ENERGY
-U.S. crude prices are up and at the $67 a barrel level.
-Gasoline prices are down to $3.16 a gallon, national average.
TARIFF TUMULT
-President Trump says he's imposing a 35 percent tariff on Canadian goods, citing continuing issues with fentanyl coming into the U.S. from the northern border.
JEANS JUMP
-Levi Strauss (LEVI) reported better than expected quarterly profits and revenues, increased its dividend, and raised its full year earnings guidance. Its shares are up 7 percent in the premarket.
TERROR/DEFENSE
-Shares of drone makers AeroVironment (AVAV) and Kratos (KTOS) are both higher by 4 percent in the premarket after Defense Secretary Pete Hegseth said Thursday that the Pentagon wants to fast track drone development.
ICE CREAM ANTI-SOCIAL
-Unilever (ULVR) has chosen a new CEO for Ben & Jerry's ice cream in the latest move in its dispute with the ice cream company's social action board that operates independently of Unilever even though it is the parent company of the ice cream brand. Unilever shares are down 1 percent in London market trading today.
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