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tz-plus logo US Markets Defy New Tariff Announcements – 50% on Copper and 200% on Pharmaceuticals – Boeing With Record Deliveries – Meta Invests in EssilorLuxottica – FICO Slides – Intel Starts Job Cuts – Jeff Bezos Sells 3 Million Amazon Shares - Super Micro Invests in Europe – QuantumScape Makes Production Breakthrough

A. Wimbauer
Reading Time: 6 minutes

On Tuesday, July 8, 2025, US markets remained stable despite fresh tariff fears. The Dow Jones closed 165 points or 0.4% lower at 44,240 points, the S&P 500 lost 0.1% to 6,225, while the Nasdaq Composite defended a green zero with a slight gain of nearly 6 points to 20,418. Copper and chip stocks, in particular, experienced significant movement. Freeport McMoRan surged 2.5% after President Trump unexpectedly announced a 50% import tariff on copper. Traders are now anticipating permanently higher US prices and preemptive stockpiling by cable...

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