US stocks were mixed Thursday as President Trump's sweeping tariffs hit dozens of US trade partners after his self-imposed deadline for countries to strike deals expired. Meanwhile, Trump also previewed coming chip tariffs,

The S&P 500 joined the Dow in increasing its loss, with the benchmark index falling 0.3% in recent trades. The Nasdaq composite had waved the white flag and sank, but was flat in an attempt to recover in recent action. Small caps on the Russell 2000 tumbled 0.7%.

Wall Street was poised to open with gains on Thursday as U.S. stock index futures rose signaling fresh momentum for Wall Street, on signs that major tech firms may sidestep President Donald Trump's latest chip import tariffs.