Sunday, September 7, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Lifestyle

US: Stocks close mixed before Trump tariff announcement

by Mark Darwin
in Lifestyle
US: Stocks close mixed before Trump tariff announcement
Share on FacebookShare on Twitter


[NEW YORK] US stocks finished mixed on Tuesday on a quiet trading day as investors braced for Donald Trump’s tariff announcement, which he has dubbed “liberation day.”

The US president has not unveiled the details of his plan, leaving traders guessing ahead of the announcement, which the White House has now penned for Wednesday at 4 pm local time in Washington (2000 GMT), after Wall Street markets close.

The Dow Jones Industrial Average slipped less than 0.1 per cent to 41,989.96, while the broad-based S&P 500 shook off a recent slump to close up 0.4 per cent at 5,633.07.

The tech-rich Nasdaq Composite also finished in the green, gaining 0.9 per cent to 17,449.89, a day after posting its worst quarter since 2022.

“What Trump announces and the level of tariffs will likely move markets,” Adam Sarhan from 50 Park Investments told AFP.

“If you have a situation where it’s weaker than expected, or there’s more delays, or it’s not as tight as people are fearing, then the market will likely rally,” he said.

BT in your inbox

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

“If you have a situation where Trump decides to go aggressive and announce higher-than-expected tariffs, then the market will likely fall,” he continued, adding: “This is a game of expectations.”

Although the US financial markets have slumped as Trump’s tariffs have been rolled out, the White House has continued to insist that the president’s economic policy will ultimately be good for investors.

“As I’ve said repeatedly, just like they were in his first term, Wall Street will be just fine,” White House Press Secretary Karoline Leavitt told reporters on Tuesday.

Among individual stocks, the conservative cable news channel Newsmax gained another 179 per cent, leaving its share price up more than 2,000 per cent since it began trading on Monday.

And the newly public cloud computing company CoreWeave surged 41.8 per cent, putting its share price back above its initial public offering price. AFP

Tags: AnnouncementMixedStockscloseTariffTrump
Mark Darwin

Mark Darwin

Next Post
Europe: Shares recover ground as markets brace for US tariff deadline

Europe: Shares recover ground as markets brace for US tariff deadline

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2025 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In