Stocks on Wall Street fell sharply on Monday, led by losses across major indices, including the Dow Jones Industrial Average, S&P 500, and Nasdaq. The S&P 500 shed 0.8%, its worst single-day drop since mid-June, while the Dow and Nasdaq both declined 0.9%. Despite the setback, all three indices remained close to their recent record highs.

US stocks dip as tariff deadline shifts to Aug 1. Traders eye S&P500 forecast, trade news, and earnings season to assess US indices momentum.

Wall Street stocks closed sharply lower on Monday as Trump issued tariff warnings to nearly 12 countries. The Dow Jones Industrial Average fell 422 points (0.9%), while the S&P 500 and Nasdaq each dropped 0.

Shares of Microchip Technology Incorporated MCHP rose sharply during Tuesday's session. Mizuho analyst Vijay Rakesh maintained Microchip Technology with an Outperform rating and raised the price target from $78 to $85. Microchip Technology shares jumped 4.1% to $74.36 on Tuesday.

US stock market today saw mixed moves as the S&P 500 and Nasdaq pulled back from recent highs while the Dow Jones climbed. The drop came as Tesla stock fell sharply, driven by rising tension between Elon Musk and President Trump over trade policy.

Wall Street's main indexes opened lower due to tariff tensions and Tesla shares fell as CEO Elon Musk unveiled plans for a political party. The Dow Jones fell by 25.2 points, the S&P 500 dropped 20.3 points,

Wall Street is coming off a holiday-shortened week during which the S&P 500 and Nasdaq Composite posted fresh all-time highs.

A mixed day of trading left the U.S. stock market split, as Wall Street’s momentum slowed after setting record highs in each of the last two days