The Dow Jones Industrial Average fell more than 200 points, with investors considering a possible tariff extension for China and a fresh batch of corporate earnings
1. S&P 500 declined 0.3%, ending its record highs streak. 2. Investors focus on tariffs' impact on earnings, not recession fears. 3. Stellantis anticipates $1.7 billion hit from tariffs this year. 4. Consumer spending remains cautious due to uncertainty about tariffs. 5. Market awaiting Federal Reserve's interest-rate decision on August 12.