The stock market started the week on a lower note as investors kept an eye on global trade updates, including surprise tariffs from President Donald Trump.
The S&P 500 and Nasdaq Composite both saw slight decreases, while the Dow Jones Industrial Average experienced a small gain.
Market indexes recovered slightly after positive service sector activity data from the Institute for Supply Management was released, showing concerns about tariffs among company executives.
Positive sentiment was also boosted by reports of India proposing zero tariffs on certain imports, but investors remain uncertain about the timeline of trade deals.
Treasury Secretary Scott Bessent mentioned that deals could be close, but uncertainty lingers, especially regarding U.S.-China trade tensions.
President Trump's recent announcements on tariffs and trade negotiations have impacted various sectors, including the film industry, leading to market fluctuations.
Market experts express concerns about the lack of trade deals and the potential impact on companies, with a focus on upcoming Federal Reserve meetings and rate decisions.
Recent market movements, company deals, and trade negotiations have created uncertainty and volatility, influencing stock prices and investor sentiment.
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