Mobile's acquisition of U.S. Cellular, DOJ antitrust chief Gail Slater warned of consolidation in the industry.

U.S. stocks are down in morning trading Friday, pulling the market back from all-time highs, as the Trump administration escalates its tariff threats against Canada. The S&P 500 was down 0.4% a day after setting a record high.

Stocks are lower on Wall Street, pulling the S&P 500 below the record it set a day earlier. The S&P 500 was down 0.2% in afternoon trading Friday. The Dow Jones Industrial Average was down 243 points,

U.S. stocks are mostly lower in afternoon trading Friday, pulling the market back from all-time highs, as the Trump administration escalates its tariff threats against Canada. The S&P 500 was down 0.3% a day after setting a record high. The benchmark index is on pace to post its first weekly loss in three weeks.

Three men, who officials believe are in the U.S. illegally, have been arrested after being accused of cutting and stealing copper coaxial lines from a U.S. Cellular antenna site.

Stocks are edging lower on Wall Street, pulling the S&P 500 and the Nasdaq composite below the records they set a day earlier. The S&P 500 was down 0.3% in midday trading Friday. The Dow Jones Industrial Average was down 331 points,

T-Mobile’s proposed U.S. Cellular acquisition clears DOJ review without injunction, signaling a shift in telecom merger policy and accelerating rural 5G growth.

The U.S. Department of Justice's Antitrust Division said Thursday that it is closing its investigation and will not move to block the deal, originally announced in May 2024, in which T-Mobile ( NASDAQ: TMUS) plans to acquire UScellular’s wireless operations, including its customers, retail stores, and 30% of its spectrum assets.