Dow, S&P 500, and Nasdaq futures are falling in premarket trading. An Nvidia-led rally fades as the stock market react to President Donald Trump threating a 50% tariff on goods from Brazil.

US stock market today took a dip as President Trump announced fresh tariff threats, shaking investor confidence. The Dow, S&P 500, and Nasdaq all closed lower on Monday, with Tesla stock sliding amid political uncertainty.

Markets are seeking clarity on President Trump's tariffs, with the president targeting Aug. 1 for new country-specific tariffs.

Wall Street stocks closed sharply lower on Monday as Trump issued tariff warnings to nearly 12 countries. The Dow Jones Industrial Average fell 422 points (0.9%), while the S&P 500 and Nasdaq each dropped 0.

Uncertainty surrounding U.S. trade tariff policies are keeping investors cautious, whilst Tesla (NASDAQ: TSLA)

Stocks on Wall Street fell sharply on Monday, led by losses across major indices, including the Dow Jones Industrial Average, S&P 500, and Nasdaq. The S&P 500 shed 0.8%, its worst single-day drop since mid-June, while the Dow and Nasdaq both declined 0.9%. Despite the setback, all three indices remained close to their recent record highs.

Wall Street is coming off a holiday-shortened week during which the S&P 500 and Nasdaq Composite posted fresh all-time highs.

The benchmark S&P 500 index closed 0.8% lower, while the tech-heavy Nasdaq Composite and the Dow Jones Industrial Average each ... Robotaxi Drives Tesla Surge, Supermicro Stock Drops.

Senate Majority Leader John Thune noted earlier he believes Republicans reached a deal to pass the package following days of negotiations. Also in focus, Fed Chair Jerome Powell told a panel at the European Central Bank’s (ECB) Forum that the U.S. would have cut interest rates already if tariffs hadn't come into play.

The Dow Jones average and the other major indexes fell on the stock market today. Tesla tumbled while detention center stocks jumped.