FILE PHOTO: A view shows the New York Stock Exchange (NYSE) Wall Street entrance in New York City, US, Apr 7, 2025. Indexes added to losses after Trump announced the tariff rates against Japanese and South Korean imports, due to take effect on August 1. Stocks wobbled further in the late afternoon when he announced hefty tariffs on Malaysia, Kazakhstan, South Africa, Laos and Myanmar. Last week, both the Nasdaq .IXIC and the S&P 500 .SPX ended three sessions with record high closes. The S&P 500 posted 25 new 52-week highs and 3 new lows while the Nasdaq Composite recorded 103 new highs and 54 new lows.
