U.S. stocks drop, Trump tax bill, Tesla

President Trump threatens 30% tariffs on the EU and Mexico as global trade tensions mount, and the EU hints at possible coordination with other US trading partners. Stocks retreat after recent highs, while bitcoin (BTC-USD) hits a new record above $123,000 as Crypto Week begins in Congress. Investors eye upcoming CPI data and earnings for signs of tariff impact, and top strategist Mohamed El-Erian warns of choppiness as global supply chains adjust. Takeaways: Trump targets EU, Mexico with new tariff threats, EU signals pushback Bitcoin surges past $123,000 as regulatory momentum builds Investors brace for inflation data, earnings, and more market volatility Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Email us at [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

President Trump announces a 35% tariff on all Canadian imports starting Aug. 1, and signals more broad-based tariffs could follow. Stocks retreat after a run of record highs for the S&P 500 and Nasdaq, while bitcoin (BTC-USD) nears $120,000 and Nvidia (NVDA) closes above a $4 trillion market cap for the first time. Delta (DAL) and Levi’s (LEVI) lift outlooks as earnings season heats up. Takeaways: Trump imposes 35% tariff on Canadian imports, eyes further trade action Stocks retreat from record highs; bitcoin and Nvidia notch new milestones Delta and Levi’s raise forecasts as earnings season begins Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Email us at [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Stocks trade just below record highs as investors shrug off new trade risks. President Trump announced a 50% tariff on Brazilian imports and confirmed the start date for new copper tariffs. Delta Air Lines (DAL) stock jumped after the company restored its full-year outlook. Trending tickers today include Tesla (TSLA) ahead of its shareholder meeting and TSMC (TSM). Takeaways: Trump imposes 50% Brazil tariff, sets copper tariff date Stocks hold near all-time highs despite trade headlines Delta stock soars on renewed full-year guidance Tesla and TSMC are in focus among today’s trending tickers Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Email us at [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on Morning Brief, anchor Julie Hyman tackles the biggest market stories and speak to top Wall Street experts ahead of the opening bell.  Takeaways: Stocks steady as Trump releases new trade letters today Copper (HG=F) market in turmoil as Trump touts 50% tariff FOMC Minutes due today Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Find this and other episodes of Morning Brief here. Thoughts? Questions? Fan mail? Email us at [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on Morning Brief, anchor Julie Hyman tackles the biggest market stories and speak to top Wall Street experts ahead of the opening bell.  Takeaways: Wall street trade jitters ease after Monday’s sell-off. BigTech rebounds from trade-sparked selling Tesla shares bounce back from Monday’s 6% slumpYahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Find this and other episodes of Morning Brief here. Thoughts? Questions? Fan mail? Email us at [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on Morning Brief, anchor Julie Hyman tackles the biggest market stories and speak to top Wall Street experts ahead of the opening bell.  Takeaways: President Trump announces potential new tariffs Tesla (TSLA) stocks sink as Elon Musk announces creation of new political party Delta (DAL) earnings are in focus this week alongside Levi’s (LEVI) and Conagra (CAG).Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Find this and other episodes of Morning Brief here. Thoughts? Questions? Fan mail? Email us at [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on Morning Brief, anchor Brad Smith tackles the biggest market stories and speak to top Wall Street experts ahead of the opening bell.  Takeaways: June jobs report is set to drop tomorrow.  House lawmakers are set to vote on President Trump’s $3.3T tax bill Tesla (TSLA) delivery numbers are due today Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Find this and other episodes of Morning Brief here. Thoughts? Questions? Fan mail? Email us at [email protected]. Yahoo Finance's Morning Brief is hosted by Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on Morning Brief, anchor Brad Smith tackles the biggest market stories and speak to top Wall Street experts ahead of the opening bell.  Takeaways: U.S. stocks drop following back-to-back record high days following President Trump’s tariffs threats against Japan  Senate pulls an all-nighter as they work to pass Trump’s tax bill Tesla (TSLA) stocks fall following Musk’s remarks against the tax billYahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Find this and other episodes of Morning Brief here. Thoughts? Questions? Fan mail? Email us at [email protected]. Yahoo Finance's Morning Brief is hosted by Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices

On Morning Brief, Brad Smith reports US stocks edge higher as Nvidia (NVDA) becomes the world’s most valuable company, fueling gains in the S&P 500 and Nasdaq. First quarter GDP is revised lower, and jobless claims rise, pointing to a cooling labor market. President Trump may announce a new Fed chair pick ahead of Powell’s term ending, but markets remain calm. Walgreens (WBA), Palantir (PLTR), JetBlue (JBLU), and Nike (NKE) are among today’s trending tickers. Takeaways: Nvidia becomes the world’s most valuable company as tech leads rally Trump considers early Fed chair pick as Powell’s term nears end The labor market shows signs of strain with higher jobless claims Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Please email us at [email protected]. Brad Smith hosts Yahoo Finance's Morning Brief. Learn more about your ad choices. Visit megaphone.fm/adchoices

On Morning Brief, Brad Smith reports US stocks hold near all-time highs with tech—especially the Nasdaq and Nvidia (NVDA)—driving the rally. Investors are watching for more signals from Fed Chair Jerome Powell as he signals patience on rate cuts, with tariffs and inflation still in focus. Oil prices drop to ease Middle East fears. FedEx (FDX), General Mills (GIS), and Tesla (TSLA) are among today’s trending tickers. Takeaways: S&P 500 and Nasdaq hover near records on tech momentum Powell stays patient on rates, watching inflation and tariffs Oil prices fall as Middle East risks ease Yahoo Finance's flagship show, Morning Brief, is your go-to source for smarter investing and market moves. Thoughts? Questions? Fan mail? Please email us at [email protected]. Brad Smith hosts Yahoo Finance's Morning Brief. Learn more about your ad choices. Visit megaphone.fm/adchoices