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US stock indices closed the session with modest moves: the S&P 500 edged slightly lower, the Nasdaq 100 posted a mild gain, and the Dow Jones slipped into negative territory.
Investors are closely watching developments in China, anticipating fresh stimulus in response to mounting deflationary pressures.
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Donald Trump proposed a 50% tariff on copper and a 200% duty on imported pharmaceuticals, sending ripples through equity markets.
Despite the headline risk, the S&P 500 remains near record highs, and major banks continue to raise their outlooks.
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Following Trump's tariff comments, the US equity market is showing signs of consolidation.
The Russell 2000 index demonstrates relative resilience, while the financial sector is under pressure.
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