Tariff Income Uncertainty Sends US Stocks Lower, Yields Higher

Wall Street worries tariff income could come under threat if recent court decision is upheld.

The New York Stock Exchange on Wall Street in New York City on March 5, 2025. Spencer Platt/Getty Images

U.S. stocks slipped at the start of the holiday-shortened trading week as investors worried about tariff uncertainty and rising bond yields.

The blue-chip Dow Jones Industrial Average declined almost 500 points, or about 1 percent, during the Sept. 2 trading session. The index of 30 stocks is up about 6 percent this year.