Major Indexes (Closing Levels)
S&P 500 (SPY): 6,229.98 (-0.79%) — dropped ~49 points as trade tensions resurfaced.
Nasdaq Composite (QQQ): 20,412.52 (-0.91%) — led losses amid tariff and tech concerns.
Dow Jones Industrial Average (DIA): 44,406.36 (-0.94%) — swooned ~422 points on broad sector sell-off.
Russell 2000 (IWM): 2,214.23 (-1.55%) — small-caps were hit hardest, pulling the index down.
⚠️ Volatility Check
VIX: climbed modestly, reflecting a shift toward caution as markets reacted to tariff headlines and Musk–Trump tensions.
🔼 S&P 500 – Top Movers
Top Losers
Tesla (TSLA) –6.8% — plummeted after Musk’s announcement of a third-party run and renewed tension with Trump investopedia.com+1apnews.com+1apnews.com+1wsj.com+1.
First Solar (FSLR) –4.3% — reversed gains amid sector rotation investopedia.com.
Baxter International (BAX) –4.3% — slid on CEO uncertainty schwab.com+13investopedia.com+13thetimes.co.uk+13.
Lululemon (LULU) –4.1% — pulled back after recent rally en.wikipedia.org+8investopedia.com+8moneycontrol.com+8.
Top Gainers
Tractor Supply (TSCO) +3.9% — led on upbeat outlook ahead of earnings coindesk.com+15investopedia.com+15247wallst.com+15.
DoorDash (DASH) +3.4% — lifted by Deutsche Bank upgrade investopedia.com.
Uber (UBER) +3.3% — climbed after Wells Fargo raised its targets .
₿ Crypto Highlights
Despite equities selling off:
Bitcoin rallied ~0.8% to $108,944, driven by ETF inflows amid tariff uncertainty marketpulse.com+12barrons.com+12cryptonews.com+12.
Ethereum gained around 1.9%, while Solana rose ~2.1%, as investors shifted toward crypto hedges investopedia.com+8barrons.com+8bitget.com+8.
🪙 Metals & Macro
Gold softened slightly as the dollar strengthened, ahead of Fed signals and tariffs.
Treasury yields nudged higher, reflecting bond re-pricing on trade-policy risks 247wallst.com.
🧠 LotusBee View
Markets pulled back sharply today due to escalating trade tensions and Musk–Trump drama fueling uncertainty. The double-hit sent equity benchmarks lower, particularly in tech and small-caps, while crypto rallied modestly, highlighting growing demand for non-equity hedges. With the VIX rising and yields adjusting, investors should brace for more volatility ahead—especially before the July 9 tariff deadline.