The S&P 500 Index ($SPX) (SPY) is down by -0.43% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -1.41%. E-mini S&P futures (ESU26) are down -0.36%, and September E-mini Nasdaq futures (NQU26) are down -1.36%.
Stock indices are mixed today, with the Nasdaq 100 falling to a 3-week low. The broader market is under pressure today amid the weakness in chipmakers and AI-infrastructure stocks. Also, weighing on market sentiment was the collapse of trade talks late last Friday between Canada and the US, prompting the US to apply a 50% tariff on about $20 billion of Canadian goods. Canada announced retaliation on US goods that will take effect on September 8.
