U.S. Stocks Tread Water Amid Tariff Uncertainty
U.S. stocks started Tuesday with little movement.Investors were cautious after President Trump postponed sweeping tariffs. The Dow Jones saw a slight dip, losing about 40 points. The S&P 500 fell 0.3%, stepping back from its recent highs. The Nasdaq also wobbled, down 0.2%.
Monday’s market saw a drop. The Dow lost over 400 points vanished from the Dow on monday. The S&P 500 and Nasdaq also took hits.
However, the market’s mood improved slightly as the new tariffs deadline was set for August 1, 2025.Yet, the looming trade tensions still cast a shadow over the market.
meanwhile,in the crypto world,Bitcoin prices remained steady near $108k. Oil prices held around $67.
China warned it woudl retaliate if new tariffs were imposed.Beijing sees these tariffs as a threat to global trade stability. The country is prepared to respond to nations that side with the U.S. against BRICS countries.
Investors now await key economic data, the Federal Reserve’s June meeting minutes, and upcoming corporate earnings.
Key points to watch:
- U.S. stocks flat on Tuesday
- China warns against new tariffs
- Investors await economic data and corporate earnings
