Trump, Dow Jones Industrial Average and Stock Futures
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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.
Stock index futures were slightly higher on Wednesday, implying another day of small moves for the market as investors continue to digest U.S. President Donald Trump's latest actions on tariffs. Benchmark S&P 500 futures (SPX) were last +0.
S&P 500 futures are up just 0.01%. Dow Jones Industrial Average futures are adding 0.1%. Nasdaq 100 futures are gaining just 0.02%. On Tuesday, the Dow Jones Industrial Average fell 166 points, or 0.37%,
Major stock indexes rose on Wednesday as Nvidia briefly climbed to a $4-trillion valuation, while the euro edged lower, with the Trump administration getting closer to a deal with its biggest trading partner,
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U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners won’t take effect until Aug. 1, rather than July 9.
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U.S. stocks closed higher even though Federal Reserve meeting minutes show no hurry to cut rates and Amazon's Prime Day falls short.