The S&P 500 Index ($SPX) (SPY) today is down by -0.05%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.08%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.17%. September E-mini S&P futures (ESU25) are down -0.06%, and September E-mini Nasdaq futures (NQU25) are down -0.12%.
Stocks are modestly lower today on geopolitical concerns as European leaders are set to meet with President Trump in Washington today to discuss potential terms to end the Russian-Ukrainian war. The outcome could have macroeconomic implications regarding tariffs and oil prices, and could, of course, have significant consequences for European security. Also, concerns about how consumers are holding up in the early days of President Trump's tariffs are weighing on stocks ahead of earnings results this week from some of the biggest US retailers, including Walmart, Target, and Home Depot.
