Wall Street Holds Its Breath Amid Mixed Signals

Wall Street experienced volatility as investors ignored new tariff threats and focused on economic data and second-quarter earnings. President Trump announced a new tariff on EU and Mexican imports, but investors were more concerned about upcoming consumer price data and earnings reports. The S&P 500 remained mostly flat, while Nvidia and Meta stocks showed gains.


Devdiscourse News Desk | Updated: 14-07-2025 21:42 IST | Created: 14-07-2025 21:42 IST
Wall Street Holds Its Breath Amid Mixed Signals
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Wall Street saw uneven trading on Monday as investors largely dismissed President Trump's latest tariff threats, redirecting their attention to a week teeming with economic data and the onset of the second-quarter earnings season.

President Trump heightened trade tensions over the weekend, declaring a 30% tariff on most imports from the EU and Mexico from August 1, putting pressure on last-minute trade agreements. The EU has paused retaliatory measures until early August, clinging to hopes of a negotiated peace. The White House disclosed that discussions with the EU, Canada, and Mexico are still ongoing.

Investors seemed unfazed by Trump's frequent tariff threats, focusing instead on the second-quarter earnings kickoff, with Wall Street's banks expected to report on Tuesday. The S&P 500 and the Dow saw little movement, while the tech-centered Nasdaq rose by 0.16%. Chipmakers, including Micron and Intel, faced losses. Meanwhile, RBC Capital Markets raised its S&P 500 year-end target, reflecting investor optimism.

(With inputs from agencies.)

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