Trump avoiding ‘prosperity killers’ | Draghi sparks a wild ride in markets | Tesla’s brutal day

The president's advisors are nudging him to avoid any moves that might crimp economic growth.

VIEW IN BROWSER | SUBSCRIBE THU, JUL 25, 2019 EVENING BRIEF AS OF THU, JUL 25, 2019 • 04:00 ET DJIA 27148.53 -0.45% -121.44 S&P 500 3004.06 -0.51% -15.50 NASDAQ 8238.54 -1.00% -82.96   Most Active DOW NAME LAST CHG %CHG INTC 52.16 -0.76 -1.44% MSFT 140.19 -0.53 -0.38% KO 53.10 -0.68 -1.26% S&P 500 NAME LAST CHG %CHG F 9.52 -0.81 -7.84% GE 10.45 -0.23 -2.15% BAC 30.30 -0.37 -1.21% NASDAQ NAME LAST CHG %CHG FB 200.71 -3.95 -1.93% AMD 33.67 -0.44 -1.29% SIRI 6.14 +0.04 +0.66% EDITOR'S NOTE President Donald Trump's advisors are nudging him to avoid any moves that might crimp economic growth, which appears to be a key part of the White House strategy to secure reelection in 2020.    The focus is to avoid "prosperity killers," Larry Kudlow, director of the National Economic Council and a key Trump advisor, told CNBC's Jeff Cox on Thursday. "But that doesn't apply to easing up on China." Maintaining a strong economy is front and center in the upcoming campaign for a president continuously under fire for controversial tweets and continuing impeachment threats from some progressive Democrats after the Robert Mueller Russia investigation, Cox reports.  Growth already appears to be slowing after a 2018 that saw gross domestic product rise 2.9%. While the first quarter of this year came in at 3.1% growth, Q2 is expected to show an increase of only around 2% and could end up being even lower. Wall Street will be paying close attention when the second-quarter GDP numbers come out Friday at 8:30 am ET.    Greg Valliere, chief global strategist at AGF, said a 1-handle on tomorrow's number, would "greatly diminish" Trump's claim that this is the greatest economy of all time. As Valliere put it, if we're under 2% "that is a real problem for him."   Have friends or colleagues who might like this newsletter? Tell them they can sign up for CNBC's Evening Brief here. Kate Rooney | CNBC Markets Reporter @Kr00ney TOP NEWS  Dow drops on fears of a less aggressive Fed next week, Facebook falls Draghi sparks a wild ride in markets and cements expectations for a quarter-point Fed cut Tesla plunges after brutal earnings report and loss of technology chief Hedge fund manager Einhorn likens Chewy to dot-com bubble poster child Pets.com Normally sedate charity lunch with Warren Buffett is turning into bizarre affair this year Here's where Facebook's record $5 billion fine goes David Einhorn reveals new positions in Chemours, Dillard's and Scientific Games Goldman sees stronger second-half growth, says to buy cyclical companies Biden, Harris and Buttigieg rack up donations from big bank executives on Wall Street Ex-Scotia Capital, Bear Stearns precious metals trader pleads guilty, will cooperate with feds in 'spoofing' probe   CNBC PRO Hodges Capital Management chief on what to buy while the markets are hitting all-time highs     TOP VIDEO American Airline CEO: We remain in limbo on the 737 Max   SPECIAL REPORTS Companies weigh impact of China and trade, and it's not all bad The last time chip stocks did this, they dropped nearly 20%   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2019 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS