The S&P 500 Index ($SPX) (SPY) today is down -0.28%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.51%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.80%. September E-mini S&P futures (ESU25) are down -0.28%, and September E-mini Nasdaq futures (NQU25) are down -0.82%.
Stock indexes today are mostly lower, with the S&P 500 and Nasdaq 100 consolidating below Monday’s all-time highs. Tesla is down more than -5% to lead technology stocks lower and weigh on the overall market after President Trump threatened to withdraw subsidies from Elon Musk’s companies in response to Musk’s criticism of the Republican reconciliation bill. The markets are also monitoring progress on trade talks ahead of President Trump’s July 9 deadline, and Congressional wrangling over passage of President Trump’s tax and spending bill.
