Market

Wall Street Dips as Investors Weigh Trump Policies and Gaza Conflict Impact

Market Opens with Losses Amid Economic and Geopolitical Tensions

On Tuesday, the United States' major stock exchanges opened lower, reflecting the ongoing economic and geopolitical uncertainties that continue to cast a shadow over the market. Investors are closely monitoring the potential impacts of President Donald Trump's policies and the recent escalation of conflict in the Gaza Strip.

Significant Declines in Key Indexes

The Dow Jones Industrial Average saw a decrease of 0.17% at the opening, with Amazon's shares dropping by 2.37% at 9:31 am ET. The Nasdaq 100 experienced a more significant tumble of 0.80% at 9:30 am ET, further exacerbated by a 4.38% plunge in MicroStrategy's stock shortly after. Both indexes continued to fall, with the Dow Jones shedding 0.53% and the Nasdaq 100 slumping 1.22% by 9:41 am ET and 9:37 am ET, respectively. The S&P 500 also started the day on a lower note, trading 0.40% down, as Tesla's shares slid by 3.78% at 9:31 am ET.

Currency Market Stability

Amid the stock market fluctuations, the euro remained stable against the US dollar, trading at 1.09169.