Business
Wall Street opens mixed amid new U.S. tariffs
On July 24, 2026, Wall Street opened largely unchanged amid competing pressures from new U.S. tariffs and technology sector earnings. Washington imposed 10% to 12.5% tariffs on goods from 60 countries, including the European Union and China, citing insufficient implementation of forced labor prohibitions. Tech giants Alphabet and Tesla reported capital expenditures exceeding market expectations the previous day. Brent crude fell 2.5% to approximately $98 per barrel after spiking above $101. U.S. Treasury yields reached levels unseen since mid-2007, with 30-year bond yields exceeding 5% and 10-year yields at 4.68%.