These are the stocks posting the largest moves before the bell.Market Insiderread more
Mnuchin tells CNBC he's confident President Trump and China's Xi Jinping can make progress in stalled trade talks.World Economyread more
JP Morgan's Jamie Dimon says student lending "is a disgrace and its hurting America," he told Yahoo Finance Tuesday.Economyread more
The first debates will give most of the contenders their biggest platform yet to present themselves to the American people.Politicsread more
President Donald Trump lambasted Twitter, Google and other technology giants on Wednesday for what he sees as their efforts to repress his messaging.US Economyread more
U.S. stock index futures jumped Wednesday morning after Treasury Secretary Steven Mnuchin told CNBC that the U.S. and China were close to reaching a trade deal.US Marketsread more
The stock market is shrinking for several key reasons, but there's a way for investors to maneuver it, says Citi Research strategist Robert Buckland.Trading Nationread more
A small group of companies have gotten so big that they are essentially becoming the market, and when they do well, the markets do well.Trader Talk with Bob Pisaniread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
Here are the biggest calls on Wall Street on WednesdayInvestingread more
While Trump stressed the importance of getting a deal, he also said the tariffs have been good for the U.S. economy.Economyread more
(Adds quotes, background)
DAVOS, Switzerland, Jan 24 (Reuters) - European Trade Commissioner Cecilia Malmstrom said on Thursday she was confident that the United States would not follow through on its threat to slap tariffs on European cars, but added that the EU was ready to respond if it did.
U.S. President Donald Trump has threatened to impose tariffs on cars from around the world, as he did with aluminium and steel last March, but European Commission President Jean-Claude Juncker negotiated a "ceasefire agreement" last July.
Malmstrom, speaking at a panel event at the World Economic Forum in Davos, said the Trump-Juncker agreement, which delayed the tariffs while trade talks took place, had tried to find common ground.
"We're advancing, we have made some very important progress there and there's a process that is positive, I think, and it said also that we would not impose tariffs on each other," Malmstrom said.
"If that is violated by the U.S., we will have to respond. I don't want to do that. But we will have to do that. But we are confident that we will not be taxed on this."
The European and U.S. car industries have both made perfectly clear they do not want to see a 25 percent tariff imposed, and such a trade barrier would be bad for both economies, Malmstrom said.
The legal form of the "Section 232" tariffs invoked by Trump would imply that the EU was a national security threat to the United States, she said.
"We can never accept that. We are friends and allies and we are not a national security threat. So we hope that this will not happen," she said. (Reporting by Soyoung Kim, writing by Tom Miles Editing by Gareth Jones)