Expect a shaky Dow Jones today as we draw closer to what investors predict will be the worst earnings season since 2016.
President Trump is also threatening to slam the EU with billions in new tariffs. More on this and how it affects the DJIA below.
Plus, other factors affecting the Dow today: Apple gets a hefty price target, and Bank of America raises its minimum wage.
Here are the numbers from Monday for the Dow, S&P 500, and Nasdaq:
Index Previous Close Point Change Percentage Change Dow Jones 26,341.02 -83.97 -0.32% S&P 500 2,895.77 +3.03 +0.10% Nasdaq 7,953.88 +15.19 +0.19%
Now, here’s a closer look at today’s Money Morning insight, the most important market events, and stocks to watch.
The Top Stock Market Stories for Tuesday Today, investors will keep a close eye on developments out of the White House. The Trump administration has threatened to slap $11 billion in tariffs on the world’s largest economic trade bloc, a move that could heighten trade tensions at a time when the United States is trying to strike a deal with China. The move is reportedly tied to the EU’s ongoing efforts to allegedly offer subsidies to European airline manufacturer Airbus SE (OTCMKTS: EADSF). Products that face tariffs include wine, fish, and cheese. In deal news, Wynn Resorts Ltd. (NASDAQ: WYNN) is picking up its latest acquisition target. CNN reports the firm has offered Crown Resorts a whopping $7.1 billion in a takeover deal. If you’re looking to make big money in the U.S. and international gambling space, be sure to check our best three stocks in the sector, right here. Keep a close eye on Apple Inc. (NASDAQ: AAPL). This morning, the tech giant will look to extend its incredible 10-day winning streak. The stock just received a price target