The S&P 500 index saw an increase on Monday. This happened because investors felt positive about trade discussions. These discussions involved the United States and its trade partners. This optimism existed even with President Trump’s increased tariffs on steel and aluminum imports. Steel company shares went up, while automaker shares went down. Energy stocks also showed gains.
No longer magnificent? How Apple, Microsoft and other Mag 7 stocks are crumbling under AI pressure
The Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trillion erased in June, markets are shifting