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Investor's Business Daily on MSNStock Market Today: Dow Jones Dips As Nasdaq Holds A Gain; Tesla Is Back On The Rise (Live Coverage)The major indexes weakened and were mixed Tuesday afternoon. Tesla stock picked up momentum Tuesday after two days of losses.
Most equity indexes are holding close to flat on Tuesday. However, the Dow Jones is still trading around 200 points below Monday’s closing prices, cycling near 41,800. The Standard & Poor’s 500 eased slightly, falling below 5,600, while the Nasdaq Composite holds steady near 17,300.
Stocks were lower in afternoon trading Monday, extending a three-day-losing streak, as investors await announcements on a new batch of tariffs the Trump administration has said it will implement this week.
Dow Jones moved lower as Johnson & Johnson pulled back by 7%. The stock suffered a sell-off as a bankruptcy judge rejected talc settlement. The talc lawsuit is an important catalyst for the company, so traders rushed to sell the stock after the $10 billion settlement was rejected by the judge.
Stock futures are pointing to a lower open for major indexes on Tuesday ahead of announcements on new tariffs the Trump administration has said will be implemented this week.
One big reason the Dow Jones Industrial Average slipped Tuesday had little to do with tariffs. Johnson & Johnson's stock tumbled 6.5% after a [bankruptcy judge dismissed](
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The White House confirmed Tuesday that President Donald Trump’s tariffs will take effect immediately once announced.
Adding to concerns, a University of Michigan survey showed consumers’ 12-month inflation expectations soared to the highest in nearly 2-1/2 years in March
The Dow Jones Industrial Average (DJIA) slid on Wednesday as investors remained uncertain about President Trump’s economic plans. That includes