Dow, S&P 500, Nasdaq mixed as investors weigh tariff talks

Key Points

1. Dow Jones Industrial Average was up 75 points, while S&P 500 and Nasdaq Composite were down 0.2% and 0.3%, signaling a potential pullback.

2. The second quarter of 2025 saw a recovery from an April dip, with all three major indices rising on Monday and the S&P 500 hitting record highs above 6,204.

3. Trump's 'Liberation Day' tariffs initially caused market declines, but the S&P 500 closed Q2 in a bullish mood, with the Dow up 5% and Nasdaq up 18% for the quarter.

4. Investors are focused on Trump's budget bill, Senate votes, and tensions between Trump and Tesla/SpaceX CEO Elon Musk, with potential impacts on subsidies and market performance.

5. Bitcoin dropped below $107k, with analysts predicting range-bound trading, while attention also turns to upcoming Fed Chair Jerome Powell's speech and June jobs data.