{"id":4639,"date":"2025-07-01T15:16:24","date_gmt":"2025-07-01T15:16:24","guid":{"rendered":"https:\/\/bitunikey.com\/news\/dow-sp-500-nasdaq-mixed-as-investors-weigh-tariff-talks\/"},"modified":"2025-07-01T15:16:33","modified_gmt":"2025-07-01T15:16:33","slug":"dow-sp-500-nasdaq-mixed-as-investors-weigh-tariff-talks","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/dow-sp-500-nasdaq-mixed-as-investors-weigh-tariff-talks\/","title":{"rendered":"Dow, S&amp;P 500, Nasdaq mixed as investors weigh tariff talks"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The Dow Jones Industrial Average, S&amp;P 500 and Nasdaq Composite opened mixed on Tuesday, July 1, with the third quarter of 2025 having a slow start amid jitters around President Donald Trump\u2019s budget bill and looming tariffs deadline.<\/p>\n<p>Dow Jones Industrial was 75 points up, while the S&amp;P 500 and Nasdaq Composite were at -0.2% and -0.3%, signaling a potential pullback. The largely lower trading comes after a second quarter 2025 run that saw stocks recover from a major dip in April to end the period emphatically in the green.<\/p>\n<p>Notably, Wall Street saw all three major indices rise on Monday, with the benchmark index S&amp;P 500 hitting record highs above 6,204. Trump\u2019s \u201cLiberation Day\u201d tariffs had seen a bloodbath across the market, pushing the index into negative territory by early April. However, resilience even during recent geopolitical tensions in the Middle East meant the S&amp;P 500 closed the three-month period in bullish mood.\u00a0<\/p>\n<p>The blue chip Dow also ended the second quarter on a high with over 270 points on Monday, with this putting it up 5% over the period. Meanwhile, Nasdaq clawed back gains to close Q2 18% higher.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Q3 starts slow<\/h2>\n<p>While investor sentiment remains largely upbeat, Wall Street is starting slow for Q3 amid potential headwinds around trade talks. <\/p>\n<p>Focus on Trump\u2019s mega budget bill, which had the U.S. Senate vote overnight, and fresh feuding between the president and Tesla and SpaceX chief executive Elon Musk has markets a little on edge. This indeed saw the Tesla stock price pare gains on Tuesday, with Trump <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/07\/01\/tesla-shares-tumble-after-trump-says-doge-should-look-at-elon-musks-subsidies.html\" target=\"_blank\">suggesting<\/a> DOGE may have to take a look at the subsidies offered to Musk\u2019s companies.<\/p>\n<p>The outlook in the cryptocurrency market signalled a lack of upside conviction, with Bitcoin (BTC) shedding gains to below $107k. Analysts at Bitfinex say BTC could see range-bound trading amid a historically unimpressive Q3 for bulls.<\/p>\n<h2 class=\"wp-block-heading\">Tariffs and Jerome Powell\u2019s speech<\/h2>\n<p>As noted, market attention has shifted from the hostilities in the Middle East, with the Israel-Iran hostilities down, to potential downside catalysts. <\/p>\n<p>The tariffs front has Trump\u2019s July 9 deadline in focus, with reports suggesting White House is eyeing \u201cnarrowed\u201d deals. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/e268d462-593c-45b1-8cf1-c3d382219dd2\" target=\"_blank\">Financial Times reported<\/a> this to be the administration\u2019s goal well before the date of the \u201creciprocal\u201d tariffs rolls in.<\/p>\n<p>Elsewhere, Federal Reserve chair Jerome Powell will speak on Tuesday, with this coming amid the latest push from Trump regarding interest rate cuts. While the Fed hasn\u2019t signalled such a move, investors are betting on a cut in coming months. Investors will also be keen on this week\u2019s economic data reports, including the June jobs report.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average, S&amp;P 500 and Nasdaq Composite opened mixed on Tuesday, July 1, with the third quarter of 2025 having a slow start amid jitters around President&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4640,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=4639"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4639\/revisions"}],"predecessor-version":[{"id":4641,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4639\/revisions\/4641"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4640"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=4639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=4639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=4639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}