Shares of some big drugmakers rose Friday as Wall Street started sorting out the impact of President Donald Trump’s latest tariff announcement.

Stocks ended mixed on Wall Street after paring losses from the morning.

Asian stocks were mostly higher Tuesday after Wall St. rose to a new record. (AP Photo/Lee Jin-man)TOKYO – Asian stocks were mostly higher Tuesday after Wall St. rose to a new record. Shanghai, Tokyo and Seoul rose while Hong Kong declined. Overnight, Wall Street’s benchmark S&P 500 index closed 0.7% higher. The Shanghai Composite Index gained 0.7% to 3,558.63 and the Nikkei 225 in Tokyo rose 0.4% to 29,497.51.

On Wall Street, though, it’s become a battleground where swarms of smaller investors see themselves making an epic stand against the 1%. Big bets they made that GameStop's stock would fall went wrong, leaving them facing billions of dollars in collective losses. All the wild action pushed GameStop's stock as high as $380 on Wednesday, up from $18 just a few weeks ago. AdTwo investment firms that had placed bets for money-losing GameStop's stock to fall have essentially thrown in the towel. But Andrew Left, who runs Citron, said that does not change his view that GameStop's stock will eventually go down.

Asian stocks were mixed Tuesday after Wall Street recovered some of this month's losses as investors looked ahead to a debate between President Donald Trump and his challenger in the November election, former Vice President Joe Biden. (AP Photo/Ahn Young-joon)TOKYO – Asian stocks were mixed Tuesday after Wall Street recovered some of this month's losses as investors looked ahead to a debate between President Donald Trump and his challenger in the November election, former Vice President Joe Biden. Overnight, Wall Street's benchmark S&P 500 index gained 1.6%, led by big tech stocks. “With a reasonable polling lead, one could argue that Joe Biden has more to lose here than President Trump,” said Carnell. He said with some potential for gaffes or other colorful moments, the debate might be “cringe-worthy but unlikely to deliver an electoral car-crash for either side.”On Wall Street, the S&P 500 rose to 3,351.60.