U.S. Stocks Fall After President Trump and Elon Musk Trade Insults

The public collapse of their relationship drove down Tesla stock, and dragged on major indexes. Plus: shares of crypto firm Circle surged during its first trading day. And the parent company of Calvin Klein and Tommy Hilfiger sank after it announced a possible $65 million hit from tariffs. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices