S&P 500 Falls Amid Inflation Concerns, Trump Tariff Extension; TKO Holdings Surges

Monday, Aug 11, 2025 5:03 pm ET1min read

The S&P 500 slipped 0.3% on Monday as President Trump pushed back the deadline for higher China tariffs. TKO Holdings shares soared after Paramount Skydance acquired exclusive UFC broadcasting rights, while Intel's stock rose. Hershey shares declined due to elevated cocoa prices. The S&P 500 fell ahead of Tuesday's anticipated release of July Consumer Price Index data, which could influence the Federal Reserve's interest-rate decisions.

The S&P 500 slipped 0.3% on Monday as President Trump pushed back the deadline for higher China tariffs. The extension, set to last until November 9, aims to keep trade talks alive between the United States and China [2]. Despite the delay, markets remained relatively calm, with the S&P 500 closing higher on the week.

Meanwhile, TKO Holdings shares surged after Paramount Skydance acquired exclusive UFC broadcasting rights. The deal, valued at around $7.7 billion, will see Paramount distribute UFC events via its direct-to-consumer streaming platform, Paramount+, starting in 2026 [3]. This deal has significantly boosted TKO Group's stock price, with shares jumping 7.3% to $175.3. The company is also expected to retain key international rights and gain valuable ad inventory.

Intel's stock also rose, although the specific reasons for this increase were not detailed in the provided materials. Conversely, Hershey shares declined due to elevated cocoa prices. The Hershey Company, a leading global manufacturer of chocolate and snacks, has seen its stock underperform the broader market over the past 52 weeks, with shares dropping 6.2% [4].

The S&P 500 fell ahead of Tuesday's anticipated release of July Consumer Price Index data, which could influence the Federal Reserve's interest-rate decisions. Investors are closely watching these economic indicators to gauge the impact of tariffs on the economy.

References:
1. https://www.cnn.com/2025/08/11/business/stock-market-wall-street-trump-tariffs-taco
2. https://www.livemint.com/news/us-news/uschina-trade-tensions-ease-trump-delays-china-tariffs-extends-trade-truce-by-90-days-11754939572607.html
3. https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3U30ZG:0-tko-group-up-paramount-skydance-down-after-7-7-bln-us-rights-deal-for-ufc/
4. https://finance.yahoo.com/news/wall-street-analysts-bullish-hershey-115558591.html

Comments



Add a public comment...
No comments

No comments yet