The June CPI report shows that inflation is accelerating, but at a pace that's in line with economists' expectations. The latest Consumer Price Index (CPI) report indicated a slight impact on inflation from President Donald Trump's tariff policies, although the acceleration was in line with what economists expected.

Citigroup (C) boosted its full-year net interest income guidance and now sees 2025 revenue at the high end of its previous guidance. The bank posted beats on both Q2 EPS and revenue. Its services business continued to shine, and banking revenue jumped 23% Y/Y.

Prices of clothing and shoes are expected to be particularly impacted by the tariffs, Yale University’s Budget Lab found.

Stocks closed down significantly on Monday after President Donald Trump announced steep tariffs on Japan, South Korea and other nations, set to take effect on Aug. 1.

Investors also appear buoyed by federal tax cuts and a large budget bill passed in Washington — policies that tend to favor large, well-established companies that dominate the stock market.

Uncertainty surrounding U.S. trade tariff policies are keeping investors cautious, whilst Tesla (NASDAQ: TSLA)

Chemicals firm Dow Inc said on Thursday that it expects extended pressure on earnings as uncertainty from U.S. President Donald Trump's erratic trade policies adds to macroeconomic volatility.

Comparative Analysis Of Trade Partner Tariffs A closer look at tariff rates reveals that trade partner agreements differ markedly based on historical ties and economic strategies.

Trump Tariffs Show Mixed Impact on Big Economies — 2nd Update Provided by Dow Jones Apr 23, 2025, 9:07:00 AM