“Record highs and a low VIX signals markets have already priced in perfection — a soft landing and a clean unwind of tariff risks — which feels wildly out of sync with the real-world picture,” said Hebe Chen, an analyst at Vantage Markets in Sydney. “A pullback is very much on the table, with the S&P 500 glued to overbought territory,” she said.

With the tariffs set to kick in now on Aug. 1, the latest move by the White House amounts to essentially a four-week extension of its previous 90-day pause, wrote Tobin Marcus, an analyst at Wolfe Research.

Stock futures fell Monday following the U.S. government’s announcement that tariffs are set to go into effect Aug. 1. The Dow Jones Industrial Average futures slid by 53 points, or 0.1%, while the S&P 500 and Nasdaq 100 futures dipped 0.

Stock indexes surged as investors assessed trade announcements from President Trump and the Brazilian real stabilized after initial losses. Key airlines stocks saw significant gains, and Bitcoin hit a record high.

Aehr Systems' Q4 results disappointed due to tariff uncertainty and sharp sales declines. Check out why I maintain a hold rating on AEHR stock.

The stock market's rather muted response to President Donald Trump's ongoing tariff threats is giving way to pro-cyclical strength in the areas of banking, cars, transportation and consumer-discretionary names.

U.S. President Donald Trump's announcement of a 50% tariff on imported copper pushed U.S. Comex copper futures to a record high, affecting global markets and trade relations. Stock indexes showed mixed reactions,