U.S. stock futures were mixed ahead of Tuesday’s session after President Donald Trump announced new tariffs on 14 more countries and pushed the deadline to August 1. Futures on the Nasdaq 100 (NDX) were up 0.13%, the S&P 500 (SPX) were up 0.04%, while the Dow Jones Industrial Average (DJIA) were down 0.06% at 1:30 p.m. EST, July 8.
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On Monday, all major indexes ended lower. The Dow fell 0.94%, the S&P 500 dropped 0.79%, and the Nasdaq Composite lost 0.92%. The new round of tariff threats has added to worries about global trade and rising prices.
Still, some investors believe the market has already weathered the worst of the tariff impact and remain hopeful that the Q2 earnings season will help push the S&P 500 to new record highs.
