S&P 500, Nasdaq slip after Trump’s fresh tariffs at start of Fed-decision week

U.S. stocks experienced a mixed trading day as President Trump’s new tariffs reignited trade war anxieties, overshadowing anticipation for the Federal Reserve’s upcoming policy decision. Energy stocks declined, while financial stocks saw gains, impacting major indexes. Investors are closely watching for signals on monetary easing amid tariff uncertainties, with company earnings under scrutiny for their response to these trade pressures.

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