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Barchart
Barchart
Rich Asplund

Bulls Battle Back After New Tariff Threats

The S&P 500 Index ($SPX) (SPY) today is up +0.15%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.43%.  September E-mini S&P futures (ESU25) are up +0.17%, and September E-mini Nasdaq futures (NQU25) are up +0.42%. 

Stock indexes today are off their lows of the session after President Trump ramped up tariff threats against US trading partners. Over the weekend, President Trump said the US will impose 30% tariffs on US imports from the European Union and Mexico, beginning August 1.  That was a follow-up to President Trump’s announcement last Thursday that a 35% tariff on some Canadian products would take effect on August 1, up from the current 25%. 

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