Under Pressure. Stocks were still feeling the tariff heat near midday on Monday, with the
Dow Jones Industrial Average falling 0.9%, the S&P 500 off 1%, and the Nasdaq Composite 1.1% lower. There weren’t many earnings results out Monday morning to distract investors from renewed trade tensions with China, a worry that had been put on the back-burner amid a robust first-quarter reporting season.
Midday MoversAffiliated Managers Group stock (AMG) was down 11% to $98.66 after the company named a new chief executive.
Apple stock (AAPL) was down 1.9% to $207.82 on reports that the European Union will investigate app store fees.
Bausch Health stock (BHC) was up 5.1% to $24.65 after its upbeat first-quarter earnings report.
Berkshire Hathaway stock (BRK.B) was down 2.7% to $212.77 following its first-quarter results.
Lyft stock (LYFT) was down 2.35 to $61.08 on worries about a planned driver strike.