Wall Street closes mixed as Nvidia-led tech selloff hits Nasdaq, while Dow and cyclicals hold up
Executive summary: US stocks finished mixed, with the Nasdaq Composite falling -1.3% as Nvidia, Apple and the broader chip complex sold off sharply. The Dow Jones gained +0.9%, while the S&P 500 slipped -0.4%. The session pointed to a rotation away from high-multiple tech and semiconductors, even as select industrial, defense and consumer names held firm. Gold, palladium, silver, bitcoin and ether all rose, while crude was little changed and energy stocks edged lower. [Continue Reading]
360LiveNews Markets Intelligence | 29 Jun 2026 21:15 LONDON
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Trump threatens 100% tariffs over digital services taxes, escalating pressure on EU trade ties
US President Donald Trump has threatened to impose a 100% import tariff on goods from any European country that introduces a digital services tax on American companies. In a post on Truth Social, he said the measure would take effect immediately and would override any existing trade deals with the country concerned. The warning was directed at countries that have already adopted such taxes, as well as those he said were close to doing so.Trump said "numerous European countries" had been discussing digital services taxes and argued that any country imposing one would face a tariff on "any and all... [Continue Reading]
360LiveNews | 27 Jun 2026 11:31 LONDON
