Key Takeaways The S&P 500 slid 0.3% on Friday, July 11, 2025, retreating from record levels after President Trump announced a 35% tariff on imports from Canada.PayPal stock moved lower after reports ...

Stocks closed lower on Wall Street, pulling the S&P 500 and the Nasdaq composite below the records they set a day earlier.

President Donald Trump’s threat to boost import taxes by 50% over Brazilian goods could drive up the cost of breakfast in the United States.