Wall Street experienced a volatile trading session as new tariffs imposed by the Trump administration began to take effect. Although the Dow and S&P 500 ended the day lower, the Nasdaq managed to achieve a record close, buoyed by strong earnings reports from tech giants like Apple. Market participants are currently navigating the uncertainty surrounding tariffs while keeping an eye on potential exemptions that could benefit the tech sector. Amidst these developments, stock futures indicate a cautious upward trend as traders react to earnings and assess the broader impact of tariffs on key industries.