
The S&P 500 Index ($SPX) (SPY) today is down -0.41%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.43%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.35%. June E-mini S&P futures (ESM25) are down -0.21%, and June E-mini Nasdaq futures (NQM25) are down -0.12%.
Stock indexes today are moderately lower as the markets await President Trump’s tariffs announcement. President Trump will announce the details of the reciprocal tariffs late today after the markets close at 4 pm EST, and they will take immediate effect, according to a White House spokesperson. Several proposals are said to be under consideration, including a tired tariff system with a set of flat rates for countries, as well as a more customized reciprocal plan.