Wall Street Today: The US benchmark indices like the Dow Jones, Nasdaq Composite, and the S&P 500 opened flat on Monday, 11 August 2025, as US market investors shifted their focus to the Trump tariffs’ deadline on China.
The US and China are expected to come to a trade deal before the 12 August 2025 tariff deadline. However, there have been media reports on a potential tariff deadline extension for the Asian nation.
So far, there have been no reports of a tariff deadline extension. Hence, China is still set to witness 20% tariff rates on top of the 10% baseline tariffs for goods imported into the United States.
Chipmaking stocks which rely on China witnessed a drop on Monday’s US market session as concerns over the raging trade war loom over Wall Street. Shares of chipmaking giant, Nvidia Corp., dropped 1.3% at the market open, but are currently trading 0.33% higher at $183.29, compared to $182.70 at the previous US market session.
Dow Jones Today
At 9:30 a.m. (EDT), The Dow Jones Industrial Average rose 0.02% to open at 44,184.36 points on Monday, compared to 44,175.61 points at the previous market session. The Dow Jones is trading 0.21% lower at 44,080.47 points as of 10:42 a.m. (EDT), according to Marketwatch data.
UnitedHealth Group Inc., Sherwin-Williams Co., McDonald’s Corp., Procter & Gamble Co., NVIDIA Corp., Microsoft Corp., 3M Co., JPMorgan Chase & Co., Verizon Communications Inc., and Johnson & Johnson were among the stocks which were trading higher.
While companies like Amgen Inc., Travelers Cos. Inc., Walmart Inc., Coca-Cola Co., Goldman Sachs Group Inc., Visa Inc., Amazon.com Inc., Walt Disney Co., American Express Co., Salesforce Inc., Home Depot Inc., Apple Inc., Cisco Systems Inc., and Honeywell International Ltd., Boeing Co., Chevron Corp., Merck & Co. Inc., International Business Machines Corp., Caterpillar Inc., and Nike Inc. were among the laggards for the day.
S&P 500 Today
The S&P 500 opened flat at 6,389.67​ points, compared to 6,389.45 points at the previous US market close. The index is now trading 0.08% lower at 6,384.69 points as of 11:06 a.m. (EDT), according to Marketwatch data.
Companies like Albemarle Corp., TKO Group Holdings Inc., Coinbase Global Inc., Intel Corp., Eli Lilly & Co., Tesla Inc., Electronic Arts Inc., Trade Desk Inc., Vertex Pharmaceuticals Inc., and Micron Technology Inc. were among the gainers.
While others like Hershey Co., Builders FirstSource Inc., Diamondback Energy Inc., Dow Inc., Intuit Inc., AES Corp., Abbott Laboratories, Monster Beverage Corp., LyondellBasell Industries, N.V., and Match Group Inc. were among the losers on Monday’s market session.
Nasdaq Composite Today
The Nasdaq Composite rose 0.04% to 21,459.654 points at the opening bell, compared to 21,450.02 points at the previous trading close. At 11:13 a.m. (EDT), The index was trading 0.12% higher at 21,476.54 points, as per Marketwatch data.
Equillium Inc., Entero Therapeutics Inc., International Money Express Inc., Urban Gro Inc., Bluejay Diagnostics Inc., Telos Corp., Gamehaus Holdings Inc., OneConstruction Group Ltd, Wang & Lee Group Inc., and Village Farms International were among the gainers on Nasdaq.
While other companies like, Safety Shot Inc., VSee Health Inc., NuCana PLC ADR, Thumzup Media Corp., Humacyte Inc., Intelligent Group Ltd, Heritage Distilling, Holding Co. Inc., monday.com Ltd, Energous Corp., and 10BiotechInc. were trailing on Monday’s market.
On the currency market, the Bloomberg US Dollar Spot index was trading 0.46% higher at 98.628 as of 11 a.m. (EDT) on Monday, 11 August 2025.
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