US Stock Markets React to Trump's Trade Strategies
US stock markets concluded Wednesday's session with mixed results as investors weighed the impact of President Donald Trump's latest trade policies. In a significant move, Trump announced the implementation of tariffs on Canadian and Mexican goods starting April 2, and unveiled plans to impose a 25% tariff on European Union imports, sparking widespread market concerns.
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Nvidia's Earnings Report in Focus
Attention was also riveted on Nvidia's fourth-quarter earnings report, expected after the market closed. The tech giant's financials were highly anticipated, alongside earnings announcements from Salesforce, eBay, and Paramount, highlighting a busy earnings season.
Market Performance Overview
The Dow Jones Industrial Average saw a decline of 0.43% or 188 points, with Centene Corp. experiencing a significant drop of 7.22%. Conversely, the Nasdaq 100 edged up by 0.22%, buoyed by a 15.25% surge in Axon Enterprise shares. The S&P 500 remained flat, and the euro decreased by 0.29% against the dollar, trading at 1.04861.
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