The new trade levies set to take effect on August 1 sent all 11 sectors of the S&P 500 down into the red.
The president's next pick for Federal Reserve chair, whom he pledged would be "somebody that wants to cut rates," is likely to face questions to their credibility.
Expect volatility as latest Trump deadline approaches.
Additional tariffs could be incoming for the bloc.
Risky stocks in focus as overheating market raises concern.
Poor greenback performance has made investors seek alternatives.
The Wall Street giant's global wealth head says affluent clients are shifting away from America amid growing fallout from President Donald Trump's hardline politics.
With a Federal Reserve-imposed asset cap now off its shoulders, the Wall Street lender is ramping up its buying within the $1.3 trillion market.
House debated late into the night ahead of final vote.
S&P 500 futures higher following record high.
