Dow drops nearly 300 points
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Investor's Business Daily on MSNDow Jones Futures: Stocks Hold Up Amid Trump Tariffs, But Growth Woes Worrisome; Google, AMD Near Buy PointsDow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. President Donald Trump's renewed tariff hike push is in focus, while inflation reports could show a bigger tariff impact.
Uncertainty prevailed in the U.S. markets as President Trump expanded his tariff campaign, affecting major indexes like the S&P 500 and the Dow Jones. While Nvidia's record-breaking valuation provided a boost,
Wall Street tumble as Trump slaps 35% tariffs on Canada; Dow drops 200 pts, crypto soars past $117K on ETF inflows.
The S&P 500 has outpaced the Dow Jones Industrial Average despite President Trump's rejection of exceptions to the Aug. 1 date he set to launch his latest tariffs. Meanwhile, the Nasdaq has had a day in the green.
Stocks closed lower Friday, a day after the S&P 500 posted a new record high, following the announcement of a 35% tariff on Canada.
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Investor's Business Daily on MSNDow Jones Futures: The New Trump Tariffs Deadline; Tesla Skids As Musk Forms Political PartyPresident Trump says he'll send out tariff letters to other countries starting Monday, but this is the real deadline. Elon Musk is forming a political party. Tesla rival Uber leads five stocks in buy zones.
A fresh bout of technical weakness has dragged the Dow Jones Industrial Average back below 44,400 following a strong bullish performance through the last third of June. The major equity index peaked near 44,800, failing to breach all-time highs north of the 45,000 handle.