NEW YORK — July 28, 2025 —
U.S. markets treaded cautiously today following news that the United States has agreed to impose a 15% tariff on cars and other imports from the European Union—lower than the more severe rates previously proposed by President Donald Trump. While the move avoids a deeper trade clash, uncertainty over the full terms of the agreement and a packed week of economic flashpoints have left investors in a holding pattern.

The S&P 500 slipped 0.2% by afternoon trading, pulling back slightly from a record-breaking streak last week. The Dow Jones Industrial Average dipped 0.3%, or 142 points, while the Nasdaq inched up 0.2%, continuing its strong performance. Continue reading Wall Street Edges Lower as Tariff Decision, Fed Meeting, and Tech Earnings Stir Caution →