Analysts expect profits from companies in the S&P 500 to climb 4.8% in the second quarter, according to FactSet. That would mark the lowest year-over-year growth since 2023, and a steep drop from the 13% jump during the first three months of this year.

Trump said this week that there would be no new extensions granted for the August 1 deadline. Market pros tell BI where they see winners and losers.

The president’s supporters portray him as a top dealmaker. But, at least for now, far more trading partners have gotten stiff tariffs than trade deals.

S mall caps and blue chips lagged a generally down market Friday as the Russell 2000 and Dow Jones Industrial Average were responsible for most of the selling. Meanwhile the Nasdaq and S&P 500 tried to limit losses as Nvidia NVDA and Palantir PLTR continued to attract buyers on the stock market today.

U.S. stocks are higher as investors eye President Donald Trump's next tariff moves and await minutes from the last Federal Reserve policy meeting.

Investors are digesting Trump's stiff tariffs on imports from more than a dozen countries and delayed the return of sweeping April levies.

Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures.The stock market rally had a narrowly mixed session on the major indexes, pausing after running to record highs.

The S&P 500 has outpaced the Dow Jones Industrial Average despite President Trump's rejection of exceptions to the Aug. 1 date he set to launch his latest tariffs. Meanwhile, the Nasdaq has had a day in the green.