The S&P 500 index was initially flat, with the telecommunications and technology sector down at least 1%, the energy sector up 0.8%, the healthcare sector up 1.3%, and the raw materials sector up 2.2%. The Nasdaq 100 index initially closed down 0.7%, the component stock MSTR fell 6.9%, Axon Enterprise fell 6.5%, Warner Bros. Exploration fell 5%, and Tesla fell 4.9%. Nvidia fell 2.7%, IBM fell 1.2%, and Microsoft fell 1%. Among the Dow's constituent stocks, SHW rose 3.7%, Anjin rose 4.1%, and UnitedHealth rose 4.6%. The Philadelphia Semiconductor Index fell 0.5%, the Bank Index rose 1.6%, and the Russell 2000 Index rose 0.9%; the Big Seven Technology Stock Index fell 1%, and the “Trump Tariff Losers Index” rose 2.6%.

The S&P 500 index was initially flat, with the telecommunications and technology sector down at least 1%, the energy sector up 0.8%, the healthcare sector up 1.3%, and the raw materials sector up 2.2%. The Nasdaq 100 index initially closed down 0.7%, the component stock MSTR fell 6.9%, Axon Enterprise fell 6.5%, Warner Bros. Exploration fell 5%, and Tesla fell 4.9%. Nvidia fell 2.7%, IBM fell 1.2%, and Microsoft fell 1%. Among the Dow's constituent stocks, SHW rose 3.7%, Anjin rose 4.1%, and UnitedHealth rose 4.6%. The Philadelphia Semiconductor Index fell 0.5%, the Bank Index rose 1.6%, and the Russell 2000 Index rose 0.9%; the Big Seven Technology Stock Index fell 1%, and the “Trump Tariff Losers Index” rose 2.6%.