Stock Market Tumbles After Trump's Surprise Tariff Announcement

Stock market slides after President Trump’s surprise tariff announcement following recent tax cut win. Markets drop with S&P 500 down 0.8%, Dow Jones and Nasdaq Composite down 1%. New tariffs could impact sentiment indicators. Big Beautiful Bill Act includes tax cuts for consumers and businesses. Trump threatens tariffs on multiple countries, extends deadline to August 1. Stock market reacts to renewed tariff talks with concerns over market movement. Investor sentiment indicators show potential overbought conditions in the market. Tariff uncertainty adds pressure as stock valuations become stretched. Market volatility expected as tariff tensions continue.

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