Price Return Last Week S&P 500 (0.6%) S&P Mid Cap 0.3% Russell 2000 (1.1%) MSCI EAFE 0.4% MSCI EM 0.5% 10 Yr US Treasury Rate – rose from 4.54% to 4.68% Source: Refinitiv Eikon Recent News New Global Tariffs – As President Trump’s previous 10% global tariff expired on Friday, the administration announced new tariffs of 10% and 12.5% on imports from 60 countries using Section 301 of the Trade Act of 1974. The White House claimed that these new tariffs were the result of