SPY News: Stock market today: Dow, S&P 500, Nasdaq drift lower as tariff chaos pauses for a day - 16th Apr 2025, 6:02am

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US stocks drifted lower Tuesday as investors considered the latest developments on President Trump's tariffs, including a potential auto sector reprieve and a concrete step toward new semiconductor and pharmaceutical duties.

Compared to the last week, Tuesday was a relatively calm market day with not much chaos on the trade front either. In recent sessions, back-and-forth tariff whipsaw had become the primary catalyst for volatility as investors searched for further clarity on policy.

The benc...

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