US Stock Market Highlights: S&P 500 posts slim gain Monday as traders hope for lower tariffs before August 1 deadline
HomeMarket NewsUS Stock Market Highlights: S&P 500 posts slim gain Monday as traders hope for lower tariffs before August 1 deadline
US Stock Market Highlights: US stocks posted modest gains on Monday (July 14) as investors held out hope that recently threatened tariffs by President Donald Trump would be scaled back before the August 1 deadline. Despite renewed trade tensions over the weekend, markets remained resilient, supported by optimism over ongoing negotiations and anticipation surrounding the second-quarter earnings season. The S&P 500 inched up 0.1%, while the Nasdaq Composite rose 0.3%. The Dow Jones Industrial Average advanced 88 points or 0.2%.
US Stock Market Highlights: US stocks posted modest gains on Monday (July 14) as investors held out hope that recently threatened tariffs by President Donald Trump would be scaled back before the August 1 deadline. Despite renewed trade tensions over the weekend, markets remained resilient, supported by optimism over ongoing negotiations and anticipation surrounding the second-quarter earnings season. The S&P 500 inched up 0.1%, while the Nasdaq Composite rose 0.3%. The Dow Jones Industrial Average advanced 88 points or 0.2%. Investors continue to monitor ongoing updates on the tariff front, after Trump announced Saturday that the US will impose 30% tariffs on the European Union and Mexico starting Aug. 1. Leaders of the EU and Mexico indicated they intend to keep talking with the Trump administration this month in an attempt to agree on a lower rate.
Watch this space for all the live updates.
