US markets opened little changed early Thursday, as President Donald Trump announced plans for reciprocal tariffs. Futures for the Dow Jones, S&P 500, and Nasdaq were similarly unchanged.
Several major stocks reported earnings overnight, including Robinhood Markets, Reddit, and Dutch Bros. HubSpot and Cisco Systems also released their quarterly results.
Despite initial market fluctuations on Wednesday, the stock market rebounded to close mixed. Analysts are closely watching Trump’s tariff announcements for their impact on the markets.
Key movers included Coinbase, Roku, and Twilio, with some analysts predicting that new Trump tariffs will not immediately affect the S&P 500 near-record highs. However, other stocks such as Tesla faced scrutiny regarding its prospects following Elon Musk’s denial of a $400 million Fed contract.
Source: https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-trump-tariff-news-robinhood-reddit-dutch-bros