Trump, Dow and Canada
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Stocks plunged Friday after President Trump floated a 35% tariff on Canadian goods not governed by the USMCA trade pact — while threatening a new dictated levy on the European Union. The Dow Jones Industrial Average fell 279 points,
The S&P 500 has outpaced the Dow Jones Industrial Average despite President Trump's rejection of exceptions to the Aug. 1 date he set to launch his latest tariffs. Meanwhile, the Nasdaq has had a day in the green.
Stocks closed lower Friday, a day after the S&P 500 posted a new record high, following the announcement of a 35% tariff on Canada.
Markets fall on Monday after President Trump threatened 14 U.S. trading partners with steep tariffs starting August 1.
Uncertainty prevailed in the U.S. markets as President Trump expanded his tariff campaign, affecting major indexes like the S&P 500 and the Dow Jones. While Nvidia's record-breaking valuation provided a boost,
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Investor's Business Daily on MSNDow Jones Futures: The New Trump Tariffs Deadline; Tesla Skids As Musk Forms Political PartyPresident Trump says he'll send out tariff letters to other countries starting Monday, but this is the real deadline. Elon Musk is forming a political party. Tesla rival Uber leads five stocks in buy zones.
Wall Street tumble as Trump slaps 35% tariffs on Canada; Dow drops 200 pts, crypto soars past $117K on ETF inflows.
A fresh bout of technical weakness has dragged the Dow Jones Industrial Average back below 44,400 following a strong bullish performance through the last third of June. The major equity index peaked near 44,800, failing to breach all-time highs north of the 45,000 handle.