Stock market today: Dow, S&P 500, Nasdaq rise as Trump tariffs stalk markets

The rise in stock indices suggests positive sentiment among investors despite the looming tariff concerns. If the economic reports due this week (including the jobs report) show stability or unexpected growth, we could see further positive movement in the market. Thus, we can expect potential growth, primarily in S&P 500 related investments.

The uncertainty around the tariffs and potential backlash could negatively impact trade-sensitive companies such as those in the industrials sector. Given the anticipated volatility and potential negative economic indicators, it may be wise to consider short positions or watch for sell signals in these sectors.

With the upcoming jobs report and consumer spending reports, retailers showing stable earnings might see positive movement. Strong performances from companies like Target (TGT) and Costco (COST) will be crucial indicators for investor confidence going forward.

Defense stocks are likely to perform well given the increased spending discussions following geopolitical tensions. This positive sentiment in defense manufacturing stocks may continue as countries react to global pressures, increasing stock values in the sector.