Stocks slid from record highs after President Trump imposed 35% tariffs on Canadian imports. Volatility and Treasury yields rose on inflation fear, and investors await news of tariffs on the EU.

The S&P 500 and Nasdaq Composite managed to eke out fresh record intraday highs this week in the face of several new tariff announcements this week. However, there are signs that momentum is waning and next week has multiple potential catalysts to test the bull's resiliency.

The resilient job market has supported stock gains, but Washington policy has been a primary market driver so far this year.

Kathy Jones and Liz Ann Sonders discuss the latest tariff news and the implications of the recently passed "One Big Beautiful Bill."

Liz Ann Sonders shares her perspective on the U.S. stock market and economy in this monthly Market Snapshot video.

The Brazilian real sold off sharply on Wednesday after President Trump threatened to impose a 50% tariff on imports from Brazil.

After closing at or near record highs yesterday, Wall Street braces for Delta results and a Fed governor's speech. Fed minutes showed willingness to consider rate cuts this year.

The week started on a slow note following the holiday with investors nervous about tariffs and the start of earnings. Fed minutes later today could provide some color on rates.

Answers to questions investors are asking about Treasury bonds, tax policy, credit quality, and other issues affecting fixed income investments.