Stock Market Update: Dow Declines, Nasdaq Hits Record Amid Tariffs and Fed Nomination

Reported 2 days ago

In the latest trading session, U.S. stocks closed mixed as the Dow Jones Industrial Average slipped 0.5% while the tech-heavy Nasdaq Composite gained nearly 0.4%, reaching a new record. This volatility came in response to President Trump's newly implemented tariffs affecting imports from nearly 200 countries and his nomination of Stephen Miran to the Federal Reserve Board. Despite the challenges, Apple stock rose following the announcement of a $100 billion investment in the U.S. amidst growing trade tensions and a slump in job market indicators.

Source: YAHOO

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