Trump Tariffs Cause Dow to Drop 160 Points

Stocks fell on Tuesday after Trump announced tariffs on U.S. trading partners starting Aug. 1. The Dow Jones dropped 166 points, the S&P 500 was down 0.1%, and the Nasdaq Composite was slightly up. The 2-year Treasury note yield rose to 3.91%, while the 10-year yield increased to 4.42%.

Read more at Barron’s: Dow Falls 160 Points as Stocks Slip Again