Stocks were lower in afternoon trading Monday, extending a three-day-losing streak, as investors await announcements on a new batch of tariffs the Trump administration has said it will implement this week.

Multiple market concerns are haunting Wall Street. While fear of inflationary pressure and economic slowdown persist, coupled with an increase in manufacturing costs and consumer prices, apprehensions surrounding stagflation are also on the rise.

The Dow Jones dropped Tuesday as Wall Street braced for President Trump's tariffs to go into effect. The Newsmax IPO surged another 27%.