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WSJ Minute Briefing

Major Indexes Finish Mixed as President Holds Firm on Latest Trade Deal Deadline

WSJ Minute Briefing

The Wall Street Journal

Business News, News

3.6631 Ratings

🗓️ 8 July 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

U.S. copper prices soared to a new all-time high after President Trump said Washington will slap imports of the metal with a 50% tariff. Plus, solar stocks fall on news that the White House will enforce the halt to clean-electricity tax credits faster than expected. And, Amazon is expecting record sales as its Prime Day event begins. Charlotte Gartenberg hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Oh, that's my prime delivery.

0:01.6

What, already?

0:02.7

Only one thing can match the buzz of Prime's fast delivery.

0:06.2

And that's the buzz of Prime's entertainment.

0:09.0

What are we watching?

0:09.7

Heads of state, that new action comedy with Idris Elber as the Prime Minister,

0:13.3

John Sina as the president, and Priyanka Chopra Jonas, as their only hope.

0:17.0

It looks like a blast.

0:18.3

From fast delivery to explosive entertainment, it's on Prime. For only

0:23.0

899 a month, join now. Content includes limited ads, subscription, or to renews. For more information,

0:28.2

go to amazon.com.uk.U.K. slash prime. Here's your closing bell brief for Tuesday, July

0:36.5

8th. I'm Charlotte Gartenberg for the Wall Street Journal.

0:40.2

Major indexes were mixed today after the president declared that he would hold firm on his latest deadline of August 1st for trade deals.

0:47.7

The Dow Jones Industrial Average ended down 166 points to close at 44,241. The SMP was down nearly four and a half points,

0:58.3

and the NASDAQ rose almost six points. U.S. copper prices soared to a new all-time high

1:05.6

after President Trump said Washington will slap imports of the metal with a 50% tariff.

1:11.6

Futures contracts for copper, key for electrical wiring, motors, and more,

1:16.3

jumped 13% in the largest single-day price surge in records going back to 1968.

1:22.6

That's according to Dow Jones market data.

1:25.2

Among individual companies, solar stocks fell today after the White House

1:29.0

said it would enforce the halt to clean electricity tax credits faster than expected.

1:34.2

Sunrun shares closed down 11.4%. N-phase energy stocks dropped 3.5%, and first solar ended the day down

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