📉 Tariffs, Tension & a Tired Market

The Streak Is Dead. Blame Trump, the Fed, and Probably Hollywood Too.

Wall Street kicked off the week like a hungover intern — stumbling out of bed, ignoring the calendar, and pretending Friday’s good vibes never existed.

The S&P 500 snapped a 9-day win streak. The Dow tripped on its own shoelaces. And the Nasdaq? Let’s just say tech didn't dodge this tariff tantrum.

🧨 Tariffs Crash the Party (Again)

🔹 Trump decided Sunday was a great time to start a trade war sequel — this time targeting foreign movies with a 100% tariff. Hollywood execs are now officially spiraling.

🔹 Oh, and he also said he’s not talking to China this week. That optimism about trade talks? Yeah, never mind.

📌 Why It Matters:

• Trade optimism had powered recent gains. This just popped the balloon 🎈

• Movie stocks (📉 $NFLX, $DIS, $WBD) took a hit — and they weren’t the only ones.

📉 Market Snapshot:

S&P 500: -0.64% 🔻 (Streak snapped after 9 green days)

Dow Jones: -0.24% 📉 (First red day in 10)

Nasdaq: -0.74% ⚠️ (Tech traders suddenly remembering tariffs exist)

Dollar Index: -0.27% 💵 (Risk-off mode activated)

Oil: -2% 🛢️ (OPEC says “more supply”; market says “cool, we’re not driving anyway”)