{"id":62471,"date":"2025-08-06T11:21:14","date_gmt":"2025-08-06T11:21:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/62471\/"},"modified":"2025-08-06T11:21:14","modified_gmt":"2025-08-06T11:21:14","slug":"dow-s-trump-tariff-fears-amd-smci-palantir-uber-more-movers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/62471\/","title":{"rendered":"Dow, S&P 500, Nasdaq Set to Open Up; Trump Tariff Fears; AMD, SMCI, Palantir, Uber, More Movers"},"content":{"rendered":"

Stocks were set to rebound on Wednesday as investors looked past President Donald Trump\u2019s latest tariff threats and more data that pointed to U.S. economic weakness.<\/p>\n

Futures tracking the Dow Jones Industrial Average rose 206 points, or 0.5%. S&P 500 futures were up 0.4%, and contracts tied to the Nasdaq 100 climbed 0.3%.<\/p>\n

All three of the blue-chip indexes finished in the red the previous session after Trump said he would soon unveil tariff rates for semiconductors and pharmaceuticals<\/a> and the Institute for Supply Management\u2019s services industry survey unexpectedly fell. The contraction has stoked fears that the economy could be headed for a period of stagflation\u2013a toxic combination of persistent inflation and sluggish growth.<\/p>\n

Still, investors appeared to be shrugging off those worries early Wednesday. Earnings from chip maker Advanced Micro Devices<\/a> looked solid enough, and a slew of decent results from Europe were also boosting sentiment.<\/p>\n

Moves on Wednesday \u201cmay reverse some of Tuesday\u2019s late selloff,\u201d Kathleen Brooks, research director at the foreign exchange brokerage XTB, said. \u201cDecent earnings on both sides of the Atlantic [are] neutralizing some of the concerns around a slowdown in the US and the effects on the global economy from President Trump\u2019s continuing obsession with tariffs.\u201d<\/p>\n

Fast-food chain McDonald\u2019s and theme-park operator Walt Disney are among the companies set to report early Wednesday, with vacation rental company Airbnb and ride-hailing app Uber due up after the closing bell. There are no major economic releases due out.<\/p>\n

The yield on the benchmark 10-year U.S. Treasury note was up 2 basis points to 4.24%. The dollar was flat against a weighted basket of its peers, and gold slid 0.3% to $3,425 an ounce.<\/p>\n","protected":false},"excerpt":{"rendered":"Stocks were set to rebound on Wednesday as investors looked past President Donald Trump\u2019s latest tariff threats and…\n","protected":false},"author":2,"featured_media":1786,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[28,112],"class_list":["post-62471","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/62471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=62471"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/62471\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/1786"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=62471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=62471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=62471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}