Trump, Stock Market and Tariffs
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Tech led US stocks higher on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia was set to receive a green light for trade with China from the Trump administration.
Trump’s tariffs and the trade war continue to roil global markets. Follow along for live updates on the latest inflation report, as well as the Dow, S&P 500 and Nasdaq.
US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President Trump’s trade policy shift. The S&P 500 gained 0.4% and the Nasdaq rose 0.8%,
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Stock Market Today: Dow Creeps Up, Nasdaq Closes At A High; Palantir Hits New Milestone (Live Coverage)Futures on the Dow Jones Industrial Average and other major indexes traded lower Monday after President Donald Trump announced 30% tariffs on the European Union and Mexico. Meanwhile, Tesla TSLA was an early winner on the stock market today.
Asian markets displayed mixed performance amid renewed concerns over President Trump's tariff plans. Japan's Nikkei 225 saw gains, while Hong Kong's Hang Seng Index edged up slightly. Conversely, South Korea's Kospi and Shanghai's Shenzhen experienced declines,
Dow Jones today traded slightly lower as investors reacted to President Trump’s 30% tariff announcement on EU and Mexico goods starting August 1. Despite the headline, markets remained stable as hopes for tariff negotiations kept investor sentiment calm.
A new inflation report released this morning shows the country’s 12-month inflation rate has gone up for a second consecutive month. Economists have been warning about the impact of President Trump’s tariff threats.
EU trade ministers have agreed that U.S. President Donald Trump’s 30% tariffs announced on the European Union are “absolutely unacceptable,” and they are studying a new set of countermeasures to respo
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