Market Reacts to Canada's Tariff Retaliation

In a swift response to the United States' economic measures, Canada has imposed a 25% tariff on US goods, leading to a noticeable dip in the Dow Jones Industrial Average. The market opened lower on Wednesday, reflecting the immediate impact of this trade tension.

By 10:52 am ET, the Dow Jones had fallen by 0.76%, or 300 points, signaling investor concern. Meanwhile, the Nasdaq 100 showed a slight increase of 0.69%, and the S&P 500 remained flat, illustrating a mixed response across the market. The euro also saw a minor decrease against the dollar, trading at 1.09073 a minute later.