US EditionS&P 500 ends down as tariffs sour sentiment
UNITED STATES, JUL 11 – Tariff threats from the Trump administration reduced investor confidence, causing financial and health care stocks to lead the S&P 500's decline from record highs, down 0.2%.
- On July 11, 2025, U.S. stocks closed lower with the S&P 500 down 0.2%, the Dow off 0.6%, and the Nasdaq slipping 0.2%.
- This decline followed President Trump’s escalation of tariffs, including a 35% increase on Canadian imports and 50% tariffs on Brazil, raising market anxiety.
- Levi Strauss shares gained over 11% after beating sales and profit targets and raising its full-year forecast despite expecting higher tariff-related costs.
- Michael James from Rosenblatt Securities said increased tariff rhetoric has elevated anxiety, noting, “the tariff picture is still there” amid market uncertainty.
- The tariff tensions contributed to market pullbacks from record highs and suggest ongoing volatility as traders weigh trade policy risks ahead of upcoming earnings reports.
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PressNewsAgencyS&P 500 recedes from record highs as tariffs sour sentiment
NEW YORK: Wall Street ended lower on Friday (July 11), with Meta Platforms META.O weighing on the S&P 500 after President Donald Trump intensified his tariff offensive against Canada,
The New York Stock Exchange ended the week in red on Friday, revealing its fears about Donald Trump's multiple customs threats, including those against Canada.
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