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Stocks Take a Dip as Trade Wars Heat Up

USAThursday, July 10, 2025
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Thursday Morning Market Overview

  • Dow and S&P 500 futures: Down
  • Nasdaq: Looking at a small gain

President Trump's Announcement

  • New Tariff: 50% on Brazilian goods starting next month
  • Reason: Response to legal action against Brazil's former president and U.S. tech companies
  • Significance: Highest tariff announced so far

Nasdaq's Record High

  • Wednesday's Performance: Great day, hitting a new record high
  • Key Contributor: Nvidia
  • Milestone: First company to hit a $4 trillion market value
  • Comparison: Bigger than Apple and Microsoft

Market Concerns

  • New Tariffs: Causing worry after Nasdaq's record high
  • Analysts' View: Tech, especially AI, is a bright spot amid uncertainty
  • Bond Yields: Lower yields helped ease economic fears
  • Treasury Sale: $39 billion in 10-year notes at a yield of 4.362%
  • Federal Reserve: Divided on interest rate cuts, but bonds saw a rally

What's Next?

  • Market Balance: Trying to balance big gains in tech with trade and economic worries
  • Investor Focus: Watching closely amid a tricky situation

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