"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
Yields slipped after Powell said that the central bank will continue to act as appropriate to sustain the economic expansion.Bondsread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The president tweeted Friday morning that he was ordering "our great American companies" to "immediately start looking for an alternative to China."Marketsread more
Multinationals that rely on the supply chain from China are tumbling after President Donald Trump ordered them to find alternatives to their Chinese operations.Marketsread more
Semiconductor stocks and shares of Apple slid on Friday after President Donald Trump said U.S. companies should "immediately start looking for an alternative" to their...Technologyread more
The two American car companies are among the top exporters of U.S.-produced vehicles to China along with BMW and Daimler/Mercedes-Benz, according to industry data obtained by...Autosread more
Powell repeats his pledge to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow.The Fedread more
These are the stocks posting the largest moves in midday trading.Market Insiderread more
Check out the companies making headlines after the bell:
Shares of several major financial firms rose in extended trading after news that they had passed the Federal Reserve's stress test and were increasing dividends.
Goldman Sachs rose more than 2.5% after increasing its dividend by nearly 50%.
Shares of Apple fell as much as 1% after the company announced that Chief Design Officer Jony Ive is leaving to start his own company. The tech giant said it will be a client of Ive's new independent design company.
Ive was responsible for the iconic design of flagship Apple products, including the iPhone and Mac.
Shares of Nike swung in extended trading, falling roughly 4.5% before rebounding to trade in the green. The apparel company reported mixed earnings for its fiscal fourth quarter, posting earnings of 62 cents per share on revenue of $10.18 billion, while Wall Street had expected earnings of 66 cents per share on revenue of $10.16 billion, according to Refinitiv consensus estimates.
—CNBC's Kif Leswing contributed to this report.