Stock indexes are down today after President Trump threatened increased tariffs on trading partners, with the S&P 500 down -0.21%, Dow Jones down -0.05%, and Nasdaq 100 down -0.22%. Futures for S&P and Nasdaq are also down. Chinese trade news is positive, while Bitcoin hits a new high.

President Trump’s aggressive tariff regime and hawkish comments from the Cleveland Fed President are impacting stock and bond markets. US House committees are discussing crypto-friendly legislation. Focus this week is on tariffs, trade deals, and upcoming earnings season. Federal funds futures pricing in a 5% chance of a rate cut in July.

Semiconductor stocks are down, impacting the market, while cryptocurrency-exposed stocks are rising with Bitcoin. Waters and Best Buy are among the top losers, while Nebius Group NV is up. Fastenal leads gainers after strong Q2 net sales. Autodesk, Global Payments, and Visteon Corp also see gains. Earnings reports for today include Equity Bancshares, Fastenal, and more.

Read more at Nasdaq: Latest Tariff Threats Weigh on Stocks