United States stock markets posted a mixed performance on Friday morning following the announcement of new tariffs by President Donald Trump earlier in the week. As of 10:20 a.m. Eastern Time, both major indices and individual stocks posted mixed results as market responses to the tariffs ongoing.
The Dow Jones Industrial Average fell 274.17 points, or 0.7%, to 38,040.69. The Nasdaq Composite, however, gained 98.43 points, or 0.6%, to 15,686.22. The S&P 500 rose slightly, gaining 1.90 points, or less than 0.1%, to 5,075.98. The NYSE Composite fell 445.48 points, or 2.6%, to 17,173.13, and the Russell 2000 index of small U.S. companies declined 47.80 points, or 2.7%, to 1,779.24.
Individual stocks were mixed. Tesla, Inc. (TSLA) fell 6.93 points, or 2.9%, to 232.50. Apple Inc. (AAPL) fell 2.82 points, or 1.5%, to 185.56. Microsoft Corporation (MSFT) fell fractionally 0.03 points, or less than 0.1%, to 359.81. NVIDIA Corporation (NVDA) fell 0.34 points, or 0.4%, to 93.97. In the meantime, Amazon.com, Inc. (AMZN) added 2.61 points, or 1.5%, to 173.61, and Alphabet Inc. (GOOG) rose 1.25 points, or 0.8%, to 148.99.
The market’s performance follows a rollercoaster for U.S. indices. The Dow earlier this year had its worst weekly performance since 2020, and the Nasdaq entered bear market territory in April. The S&P 500, which had previously entered bear market territory on April 7 with a 20% drop from its recent peak, saw some rebound in today’s session. The tariffs, which impose taxes on imports from key trading partners, were announced by the White House earlier this week, though the announcement lacked specific details on the tariff rates and the products to be impacted.
Volume was active as the markets continued to respond to the tariff news. Overseas markets also experienced volatility early in the week, but specific numbers on offshore indices weren’t available at press time.
Data Source: Yahoo Finance stock data, August 7, 2025.
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