Traders’ Fear of Missing Out on Stock Gains Outweighs Tariff Concerns

Traders work on the floor of the New York Stock Exchange.
Photographer: Michael Nagle/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Alexandra Semenova

July 1, 2025 at 6:40 PM UTC

Updated on

July 1, 2025 at 9:46 PM UTC

President Donald Trump’s tariff pause is set to end on July 9, with few deals locked in and scant progress in negotiations. Yet the stock market that once swung wildly on trade headlines appears to see little risk, as equity indexes sit near all-time highs and volatility evaporates.

What gives?