Yet the market (as of July 11) isn't far off from its all-time high, and it doesn't seem to be poised for the same explosive sell-off that occurred in early April. Is the stock market underestimating Trump's tariffs?

As President Donald Trump's tariffs continue to create headwinds, UBS said investors should focus on long-term trends set to boost markets.

Markets continue to remain in a cautious trading zone, awaiting concrete Q1 earnings data to gauge real economic momentum, while uncertainty around Trump’s tariff-related statements continues to fuel volatility.

Trump's plans to boost tariffs on Canada, Brazil and the European Union do not keep stock markets in check. Bitcoin shoots higher.

Equities kicked off Monday strong after a fresh round of tariff threats over the weekend. The S&P 500 gained 0.17%, closing within 0.2% several points of its all-time high, set on Thursday. The Dow rose 0.2% and the tech-heavy Nasdaq gained 0.27%.

An extremely rare indicator just flashed, which is highly accurate in predicting a significant stock market move over the next 12 months.

Shares have opened mostly higher in Europe following gains in Asian markets despite lingering worries about President Donald Trump's latest updates to his tariffs.

Live Updates Live Coverage Updates appear automatically as they are published. Rivian Run off Road 9:43 am Back to the bad news. Guggenheim analyst Ronald Jewsikow downgraded Rivian Automotive (Nasdaq: RIVN) to neutral this morning on “softer long-term R2/R3 assumptions driven by both softer R1 sales and negative US Electric Vehicle and Emissions policy changes.

The Russian rouble reversed losses against the dollar and rose against China's yuan after U.S. President Donald Trump warned he would impose "very severe tariffs" on Russia if no deal on a peaceful settlement is made in 50 days.