LIVE MARKETS-US stocks dip as tariffs tumult rolls on
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US STOCKS DIP AS TARIFFS TUMULT ROLLS ON
U.S. stocks closed out the trading week on a weaker note as investors gauged the tariff landscape after President Donald Trump continued to turn up the volume surrounding levies against trading partners.
Trump said late Thursday the U.S. would impose a 35% tariff on imports from Canada starting on August 1 and planned blanket tariffs of 15% or 20% on most other trading partners, the latest in a string of letters the President has sent to trading partners this week, such as Japan and South Korea.
The European Union was now girding for a possible letter from Trump outlining planned duties on the United States' largest trade and investment partner.
Financials .SPSY was the worst performing S&P 500 .SPX sector on the session, while energy .SPNY and consumer discretionary .SPLRCD were the only advancers.
For the week, the S&P 500 fell 0.31%, the Nasdaq .IXIC declined 0.08%, and the Dow .DJI fell 1.02%.
Below is your closing market snapshot:
(Chuck Mikolajczak)
EARLIER ON LIVE MARKETS:
INDIVIDUAL INVESTOR BULLS TAKE A PAUSE, BEARS PUSH FORWARD - AAII CLICK HERE
TRAVEL AND TOURISM STOCKS DIP AMID NEW TARIFF ROUND: SOURING SENTIMENT OR SUMMER VOLATILITY? CLICK HERE
US STOCKS DIP AFTER LATEST TRUMP TARIFF VOLLEY CLICK HERE
LOOKS CAN BE DECEIVING: SMALL CAPS SUDDENLY PACK A PUNCH CLICK HERE
TOO COMPLACENT... CLICK HERE
"DISAPPOINTING" BRITISH GDP KEEPS AUGUST BOE RATE CUT ALIVE CLICK HERE
HSBC SEE AN ODD, AND ENTICING THING IN ASIAN EXPORT DATA CLICK HERE
EUROPEAN STOCKS FLOUNDER AS TARIFF WORRIES RESURFACE CLICK HERE
EUROPE BEFORE THE BELL: FUTURES WOBBLE ON NEW TARIFF THREATS CLICK HERE
Closing levels July 11 
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