Dow drops as Trump tariffs rattle markets 7/7/25

Stocks dropped Friday, a day after the S&P 500 posted a new record high, after President Trump announced a 35% tariff on Canada and threatened higher tariffs across the board. We’ll tell you all you need to know.

With Nvidia’s $4 trillion market cap milestone in the rear-view mirror for investors, what’s the next catalyst that could propel the stock toward its next trillion-dollar gain? We ask the author of “The Nvidia Way” about that and more. Plus, bitcoin hitting another all-time high as the entire crypto ecosystem gets a boost. And President Trump is teasing a major statement on Russia this Monday that could mark a turning point in U.S.-Russia relations.

The Dow rose on Thursday, as traders shook off trade tariff turmoil. We’ll cover all of the angles for you.

The S&P 500 rose Wednesday, led by tech, as Nvidia reached a major milestone and investors monitored the latest tariff updates from President Trump. We’ll cover all of the market angles for you.

The S&P 500 was trading little changed after President Trump offered no exceptions to his August 1 tariff start date. We’ll speak to Commerce Secretary Howard Lutnick about that and much more.

Stocks sold off to start the week after President Trump posted letters to countries indicating new tariffs on imported goods. We’ll cover all of the angles for you.

The S&P 500 rose on Wednesday, after President Trump announced a U.S.-Vietnam trade deal. However, investor optimism was limited due to a new report showing private payrolls surprisingly decreased in June, raising concern over the state of the economy. We’ll tell you all you need to know.

The Dow is climbing today, as investors rotate out of tech stocks to kick off the second half of 2025. We’ll tell you all that you need to know.

CNBC’s Dom Chu and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists.