dow jones snp500 us market update trump tariffs news

Zee Business Video Team |
Updated: August 5, 2025 09:00 AM IST

US markets saw a strong rebound on Monday as the Dow Jones rose 585 points, ending a 5-day losing streak, while the S&P 500 and Nasdaq gained over 1.5%. This surge was triggered by weaker-than-expected US jobs data, increasing hopes that the Federal Reserve might cut interest rates by September 2025. Meanwhile, President Donald Trump’s proposed new tariffs on Chinese imports have added a layer of uncertainty. There’s also speculation around potential changes in the Federal Reserve leadership, particularly the replacement of Chair Jerome Powell if Trump is re-elected. Investors are now focused on the upcoming corporate earnings reports from major companies such as Palantir, Disney, Uber, and McDonald’s, as well as inflation data (CPI) and further indications of Fed’s policy direction. The combination of macroeconomic signals and political developments is expected to dictate the market’s next move.