Stocks slide with trade woes

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Trade on Wall Street pulled back early Monday with new 30% tariffs announced for the European Union and Mexico, along with the unofficial start of earnings season, according to the Associated Press. Futures for the S&P 500, Dow Jones Industrial Average and Nasdaq each fell roughly 0.3%.

Kenvue shares were up nearly 6% before the bell Monday after the former division of Johnson & Johnson announced that CEO Thibaut Mongon is stepping down.

Bitcoin rose to another all-time high, climbing as much as 3.6% early Monday before settling back to about $121,315. Its price has spiked amid recent momentum across risk assets.

U.S. benchmark crude oil, meanwhile, gained $1.05 to $69.50 per barrel, approaching the $70 level for the first time since a two-day rout in late June. Brent crude, the international standard, was up $1.03 at $71.39 per barrel.

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