Stocks traded mostly lower Friday after fresh economic data painted a sobering picture of the economy.These stocks were on the move Friday:Texas Instruments dropped 7.5% after the chip company reported fourth-quarter earnings and revenue that beat analysts’ estimates but issued weak profit guidance for the current first quarter.
Texas Instruments falls after the chip maker’s first-quarter earnings forecast misses estimates, and Boeing declines after revealing it expects to post a wider fourth-quarter loss because of strikes at the aerospace giant.
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U.S. stock futures showed small losses due to tariff concerns stirred by President Trump's trade policies. Boeing and Verizon shares fell due to forecasts of higher losses and lower profits, respectively.
Telecom and tech companies are helping Americans impacted by the LA wildfires stay connected, saving lives in the process.