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Dow Drops 161 Points Amid Tariff Tensions; J&J Surges

7/18/2025

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Story summary
  • On July 18, 2025, the Dow Jones dropped 161 points due to President Trump's push for higher EU tariffs.
  • Johnson & Johnson exceeded earnings expectations and improved its full-year outlook amid patent and tariff concerns.
  • Investors are closely monitoring trade announcements from Trump and developments from the Federal Reserve, particularly regarding major tech earnings.