7 hours ago
HomeMarket NewsUS Stock Market LIVE Updates: Dow Jones loses 260 points as investors wait on trade deals; Tesla tumbles
US Stock Market LIVE Updates: US stocks are lower in early trading Monday (July 8) as the Trump administration steps up pressure on trading partners to make deals before a Wednesday deadline. The S&P 500 was 0.3% lower as trading resumed in the US following a holiday-shortened week. The benchmark index remained near its all-time high set last week. The Dow Jones Industrial Average was down 96 points, or 0.2%, as of 9:54 a.m. Eastern time, and the Nasdaq composite was 0.5% lower.
US Stock Market LIVE Updates: US stocks are lower in early trading Monday (July 8) as the Trump administration steps up pressure on trading partners to make deals before a Wednesday deadline. The S&P 500 was 0.3% lower as trading resumed in the US following a holiday-shortened week. The benchmark index remained near its all-time high set last week. The Dow Jones Industrial Average was down 96 points, or 0.2%, as of 9:54 a.m. Eastern time, and the Nasdaq composite was 0.5% lower. Bond yields were mixed. The yield on the 10-year Treasury rose to 4.37% from 4.34% late Thursday. Tesla tumbled 7.9% for the biggest drop among S&P 500 stocks as the feud between CEO Elon Musk and President Donald Trump reignited over the weekend. Musk, once a top donor and ally of Trump, said he would form a third political party in protest over the Republicans’ spending bill that passed last week.
Watch this space for all the live updates.
