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Stocks Slide Amid Tariff Concerns and Economic Slowdown Signals

Stocks Slide Amid Tariff Concerns and Economic Slowdown Signals

Update: 2025-08-06
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Today, the United States stock market closed lower as investors navigated renewed concerns over tariffs and economic slowdown signals. The Dow Jones Industrial Average dipped by sixty one points to close at forty four thousand one hundred eleven, down about zero point one percent. The Nasdaq Composite slid by one hundred thirty seven points, about zero point six percent lower, finishing at twenty thousand nine hundred sixteen. The S and P five hundred ended with a modest decline as well, though its major moves were driven by heavyweights in technology and communications, highlighted this earnings season by a small handful of mega-cap leaders according to Morningstar.

Investors reacted to fresh comments from Donald Trump suggesting more tariffs targeting semiconductors and pharmaceuticals are imminent, raising worries over supply chain costs and corporate profits as reported by Zacks. Several companies reporting earnings cited these tariffs as a key headwind for the second half of the year, with Yum Brands falling over five percent and Caterpillar warning of tariff-related profit hits despite beating on revenue.

Sector performance showed strength in communications and energy stocks with the energy sector rising about two point five percent over the last month, buoyed by favorable valuations and its role as an inflation hedge. Meanwhile, real estate was largely flat, and many traditional value areas struggled.

The most actively traded tickers today included technology giants and several large cap consumer firms, with notable volatility in companies directly exposed to global supply chains. Biggest percentage losers included select retail and fast food firms facing tariff pressure, while chipmakers and energy stocks held up comparatively well.

On the economic front, mortgage applications rebounded over three percent week over week, but persistent worries remained as recent reports signal a slowing services sector and lingering inflation. Looking ahead, market futures point to cautious trading tomorrow as investors await further tariff announcements and upcoming earnings from key technology companies, which could be pivotal for market momentum.

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Stocks Slide Amid Tariff Concerns and Economic Slowdown Signals

Stocks Slide Amid Tariff Concerns and Economic Slowdown Signals

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