The S&P 500 Index ($SPX) (SPY) Monday closed up +0.55%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.00%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.02%. June E-mini S&P futures (ESM25) are up +0.43%, and June E-mini Nasdaq futures (NQM25) are down -0.17%.
Stock indexes on Monday settled mixed, with the Nasdaq 100 falling to a 6-1/2 month low. Stock markets worldwide were under pressure Monday as concerns intensified about the impact of US tariffs on the global economy. The US is set to launch reciprocal tariffs on Wednesday, and President Trump said on Sunday that he plans to impose tariffs on "all countries," curbing speculation that he could limit the initial scope of the tariffs. The tariff worries have fueled risk-off sentiment in asset markets and sparked safe-haven buying of government debt and gold, which climbed to a new record high Monday.
