Market

Trade and Tariff Concerns Drag US Markets Lower, Investors on Edge

Wall Street Ends in Negative Territory Amid Trade Policy Fears

Investor sentiment remained subdued on Thursday as Wall Street closed lower, impacted by President Donald Trump’s trade policies, uncertainties around the USMCA deal, and ongoing tariff concerns. Despite a one-month delay in tariffs, the markets couldn't shake off the anxiety, leading to a significant drop across major indices.

Major Indices Take a Hit

The Dow Jones Industrial Average fell by 0.99%, while the Nasdaq 100 and the S&P 500 experienced sharper declines of 2.79% and 1.78%, respectively. The euro remained stable against the dollar, trading flat at 1.07888 by late afternoon.

Looking Ahead

As the market looks forward, attention turns to upcoming financial results from Broadcom, Costco, and Hewlett Packard Enterprise, set to be released after the bell. Investors remain cautious, navigating through the turbulent waters of trade and tariff uncertainties.