Nvidia, Donald Trump and Dow Jones Industrial Average
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Dow, S&P 500, Nasdaq futures pause as Trump tariff threats and Nvidia rally split investor focus- US stock market today opened cautiously as futures for the Dow Jones, S&P 500, and Nasdaq took a breather following a tech-driven rally led by Nvidia’s historic $4 trillion milestone.
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Investors are digesting Trump's stiff tariffs on imports from more than a dozen countries and delayed the return of sweeping April levies.
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TV News Check on MSNDow Drops 166, Nasdaq Adds 6, S&P 500 Falls 4Wall Street ended mixed Tuesday amid Trump's new tariff deadlines. The post Dow Drops 166, Nasdaq Adds 6, S&P 500 Falls 4 appeared first on TV News Check. The post Dow Drops 166, Nasdaq Adds 6, S&P 500 Falls 4 originally published on TV News Check.
Stock futures were relatively unchanged on Wednesday evening after the S&P 500 recouped some of its losses from this week's tariff-fueled slide. S&P 500 futures traded just above the flatline, along with Nasdaq 100 futures. Futures tied to the Dow Jones Industrial Average were also flat.
At 10:02 a.m. ET, the Dow Jones Industrial Average rose 39.82 points, or 0.09%, to 44,498.12, the S&P 500 lost 9.36 points, or 0.15%, to 6,253.90 and the Nasdaq Composite lost 89.97 points, or 0.44%, to 20,523.04.
The strong jobs report also spurred a spike in Treasury yields and reduced expectations for the Federal Reserve to cut interest rates soon.
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.
Markets are seeking clarity on President Trump's tariffs, with the president targeting Aug. 1 for new country-specific tariffs.