On Thursday afternoon, Transportation Secretary Sean Duffy introduced a new regulatory framework for self-driving vehicles, saying it aimed to reduce bureaucratic hurdles and advance toward a unified national standard.T-Mobile US Inc.(NYSE:TMUS) was the biggest laggard of the day, falling 11%, on track for its worst single-day loss since March 2020.
President Donald Trump claimed to have held a phone call with President Xi Jinping, yet Chinese officials denied that any talks had taken place.Tesla Inc.(NASDAQ:TSLA) extended its rally into a fourth consecutive session, notching its best weekly performance of the year with a 16% gain.
Wall Street's three-day rally came to a pause on Friday, with major indices hovering near the flatline by midday in New York as caution returned amid mixed signals on U.S.-China trade relations.
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