Stocks closed lower Friday, a day after the S&P 500 posted a new record high, following the announcement of a 35% tariff on Canada.

Wall Street tumble as Trump slaps 35% tariffs on Canada; Dow drops 200 pts, crypto soars past $117K on ETF inflows.

A fresh bout of technical weakness has dragged the Dow Jones Industrial Average back below 44,400 following a strong bullish performance through the last third of June. The major equity index peaked near 44,800, failing to breach all-time highs north of the 45,000 handle.

In stocks, health insurers called in sick. Centene CNC crashed with a 40% drop after the managed care company withdrew its earnings outlook for 2025. Shares broke a four-day winning streak as they plunged below their 50-day moving average.

Find out the top catalysts for the Dow Jones index, including the likes of the upcoming FOMC minutes and updates on trade.

U.S. equity markets dipped slightly on Tuesday, pulling back from recent record peaks as investors digested developments on trade and fiscal policies while awaiting key labor market reports scheduled for later this week.

Stocks closed down significantly on Monday after President Donald Trump announced steep tariffs on Japan, South Korea and other nations, set to take effect on Aug. 1.

US stock market started the week on a weak note as Dow Jones fell 160 points after President Donald Trump announced fresh tariffs on 14 countries, including Japan, South Korea, and Bangladesh. The market dip deepened as Tesla shares plunged 7% following Elon Musks America Party announcement.

The market's mixed performance follows President Trump's announcement late Wednesday of a 50 percent tariff on imported copper, effective August 1, 2025. Additionally, a 50 percent tariff was imposed on Brazilian imports,

The Dow Jones Industrial Average rose on Tuesday as investors rotated out of technology stocks to kick off the second half of 2025.