(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Futures up: Dow 0.60%, S&P 500 0.71%, Nasdaq 0.73% * JPMorgan ( JPM ), Wells Fargo ( WFC ) gain after reporting higher quarterly profit * Beijing increases tariffs on US imports to 125% (Updates with big bank earnings)...

07:28 AM EDT, 04/11/2025 (MT Newswires) -- US equity futures were pointing higher on Friday as investors assess China's latest retaliation against increased tariffs from the White House, and await last month's data on producer prices, along with earnings reports from some of Wall Street's major banks. The S&P 500 increased 0.8%, the Dow Jones Industrial Average rose 0.6% and...

(Reuters) -Wells Fargo's profit rose 6% in the first quarter, driven by robust performance in its wealth management business. Shares of the San Francisco, California-based bank rose 1% in premarket trading after the bank also reiterated its annual interest income forecast. The stock has fallen 10% so far this year as of last close. Investment advisory fees and brokerage commissions...

WASHINGTON (Reuters) - The rise in long-term bond yields and drop in the dollar may show investors turning away from the U.S. as the best place to invest, Minneapolis Fed President Neel Kashkari said on Friday. Investors around the world have viewed America as the best place to invest...One of the ways that expresses itself is lower yields, Kashkari said...