Market Reactions to Trump's Trade Announcements

US stock markets concluded Wednesday's session with mixed outcomes as investors digested President Donald Trump's latest trade strategies. In a significant move, Trump announced the imposition of tariffs on Canadian and Mexican goods starting April 2, alongside plans to escalate the trade conflict by introducing a 25% tariff on imports from the European Union.

Earnings Reports in Focus

All eyes were on Nvidia's fourth-quarter earnings report, scheduled for release after the market closed. Additionally, market participants eagerly awaited earnings announcements from Salesforce, eBay, and Paramount, adding to the day's financial highlights.

Market Performance Overview

The Dow Jones Industrial Average experienced a downturn, losing 0.43% or 188 points, largely due to a 7.22% slump in Centene Corp. Conversely, the Nasdaq 100 saw a modest increase of 0.22%, buoyed by a 15.25% rise in Axon Enterprise. The S&P 500 remained unchanged, reflecting the market's mixed sentiment. In currency markets, the euro slightly declined by 0.29% against the dollar, trading at 1.04861.