McKinsey & Co. to pay $650 million to settle U.S. opioid consulting probe, ex-partner will plead guilty to obstruction

U.S. President Donald Trump threatened Wednesday to hit back against Europe’s own retaliatory move against the U.S.’ 25% tariffs on steel and aluminum imports.

European stocks are expected to open higher on Friday, as investors closely monitored further escalations in the Russia-Ukraine war.

The Bridgewater founder also advised investors to rethink their risk appetite after U.S. tariffs policies sparked wild swings in financial markets.