On Monday, Wall Street stocks closed with modest gains as investors largely shrugged off U.S. President Donald Trump’s latest tariff threats, focusing instead on an eventful week ahead with key economic reports and the start of earnings season.
Trump escalated trade tensions over the weekend by announcing plans to impose a 30% tariff on most imports from the European Union and Mexico starting 1 August, setting a deadline for last-minute trade deals. The EU has extended its pause on retaliatory measures until early August, hoping for a negotiated settlement, while talks between the US, EU, Canada, and Mexico continue.
The Dow Jones Industrial Average rose 0.20% to 44,459, the S&P 500 gained 0.14% to 6,268, and the Nasdaq Composite advanced 0.27% to 20,640. Trading volume was below the 20-day average.
Despite ongoing tariff threats, markets have remained buoyant, with the Nasdaq hitting its seventh record high since late June.
Investment strategist Jason Pride noted that the economy’s growth outlook is improving as the effects of tariffs are largely offset by recent economic legislation.
This week will bring important updates on the U.S. economy, including second-quarter earnings reports starting Tuesday, and consumer price data expected to show inflation picking up in June.
Oil prices fell 2.2% following Trump’s threat of tariffs on Russian imports, dragging the energy sector down by 1.2%, the largest decline among S&P sectors.
Meanwhile, the communication services sector rose 0.7%, helped by gains in Netflix and Warner Bros. Discovery ahead of their earnings releases.
Cryptocurrency-related stocks also advanced after Bitcoin surpassed $120,000 for the first time.
Laboratory equipment maker Waters Corp dropped 13.8% after announcing a $17.5 billion merger with Becton, Dickinson and Company’s Biosciences division, marking the largest loss of the day.
Israeli Prime Minister Benjamin Netanyahu said on Sunday that he will meet U.S. President Donald Trump later this month, saying a second phase of the ...
At the Doha Forum, Assistant of the President of the Republic of Azerbaijan Hikmat Hajiyev and Secretary of the Armenian Security Council Armen Grigor...
Residents in Aceh Tamiang, Indonesia, are facing rising diseases and limited medical care after cyclone-driven floods and landslides destroyed homes a...
A coup attempt by “a small group of soldiers” has been foiled, Beninese Interior Minister Alassane Seidou said on Sunday on national television, u...
Lava fountains shot from Hawaii’s Kīlauea volcano from dawn to dusk on Saturday, with new footage showing intensifying activity at the north vent....
A coup attempt by “a small group of soldiers” has been foiled, Beninese Interior Minister Alassane Seidou said on Sunday on national television, urging citizens to continue their daily activities.
Israeli Prime Minister Benjamin Netanyahu said on Sunday that he will meet U.S. President Donald Trump later this month, saying a second phase of the U.S. president's Gaza plan was close.
Japan said on Sunday that Chinese fighter jets directed fire control radar at Japanese military aircraft in two incidents near the Okinawa islands, calling the moves dangerous. China denied the allegation.
U.S. Secretary of War Pete Hegseth defends follow-up strike on suspected drug boat in the Caribbean, denies authorizing the killing of all onboard, and comments on protocols for military operations.
The 2026 FIFA World Cup draw at the Kennedy Center in Washington, D.C., has finalized the group stage for the tournament co-hosted by the U.S., Canada, and Mexico, setting the schedule and matchups for next summer’s expanded 48-team event.
A coup attempt by “a small group of soldiers” has been foiled, Beninese Interior Minister Alassane Seidou said on Sunday on national television, urging citizens to continue their daily activities.
FIFA releases the 2026 World Cup schedule with match dates, venues, and key fixtures. See when host nations USA, Mexico, and Canada play and get an overview of group stage and knockout rounds.
Pakistan and Afghanistan exchanged heavy fire along their shared border late on Friday, a reminder of how sensitive the frontier remains despite ongoing diplomatic efforts.
Iran’s Foreign Ministry has strongly condemned the Gulf Cooperation Council (GCC) for its support of the claims by United Arab Emirates on three Iranian islands.
Residents in Aceh Tamiang, Indonesia, are facing rising diseases and limited medical care after cyclone-driven floods and landslides destroyed homes and infrastructure.
A coup attempt by “a small group of soldiers” has been foiled, Beninese Interior Minister Alassane Seidou said on Sunday on national television, urging citizens to continue their daily activities.
Lava fountains shot from Hawaii’s Kīlauea volcano from dawn to dusk on Saturday, with new footage showing intensifying activity at the north vent.
Japan said on Sunday that Chinese fighter jets directed fire control radar at Japanese military aircraft in two incidents near the Okinawa islands, calling the moves dangerous. China denied the allegation.
Indian authorities have ordered a magisterial inquiry and promised financial support after a fire tore through the Birch by Romeo Lane nightclub in Arpora, Goa, killing 25 people.
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