U.S. equities slumped at midday after President Donald Trump threatened tariffs on Apple (AAPL) iPhones and 澳洲幸运5官方开奖结果体彩网:European Union (EU) products. The Nasdaq slipped 1%, and the 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average and 澳洲幸运5官方开奖结果体彩网:S&P 500 were down as well.

Apple shares fell when Trump wrote on his Truth Social s🌃ite that iPhones not made in the U.S. would face a 25% tariff.

Deckers Outdoor (DECK) blamed the impact of tariffs as the maker of Hoka and Ugg footwear gave a weaker-than-expected cur♛rent-quarter outlookꦅ and withheld its full-year guidance. Shares plunged. 

Workday (WDAY) shares sank after theꦿ human resources software maker didn't raise its full-year subs༒cription revenue forecast as it dealt with an "uncertain environment."

Intuit (INTU) was the best-performing stock in the S&P 500 when the maker of Tu🐻boTax and QuickBooks so🧔ftware beat profit, sales, and guidance estimates during the key income tax filing period.

Shares of miners Newmont (NEM) and Freeport McMoRan (FCX) advanced as🐬 gold prices traded at theirꦚ highest level in more than two weeks.

Seagate Technology Holdings (STX) shares gained when Citi raised its price target just days after an earlier boost. Citi cited optimism about the future growth of the data storage company. Seagate shares jumped yesterday as well after announcing a $5 billion 澳洲幸运5官方开奖结果体彩网:stock buyback plan.

Oil futures gained. The yield on the 10-year Treasury note declined. The U.S. dollar lost ground to the euro, pound, and yen. Most major cryptocurrencies traded lower.