Stocks Take a Dip as Trade Wars Heat Up

Markets were on shaky ground Thursday morning. The Dow and S&P 500 futures were down, while the Nasdaq was looking at a small gain. This came after President Trump dropped a big announcement late Wednesday night. He said the U. S. would slap a 50% tariff on Brazilian goods starting next month. This is the highest tariff announced so far. The White House said it was a response to legal action against Brazil's former president and some U. S. tech companies. The Nasdaq had a great day Wednesday, hitting a new record high. This was mostly thanks to Nvidia, which became the first company ever to hit a $4 trillion market value. That's bigger than Apple and Microsoft! But now, the market is worried about these new tariffs. Analysts are saying that tech, especially AI, is the bright spot in all this uncertainty. Lower bond yields also helped ease some fears about the economy. On Wednesday, the Treasury sold $39 billion in 10-year notes at a yield of 4. 362%. Even though the Federal Reserve is divided on when to cut interest rates, bonds still saw a rally. So, what's next? The market is trying to balance big gains in tech with worries about trade and the economy. It's a tricky situation, and investors are watching closely.