Market Opens with Losses Amid Tariff Concerns

The United States stock markets opened lower on Tuesday, as investors worldwide anxiously await the implementation of new tariffs by US President Donald Trump. Reports suggest a potential 20% import levy on a wide range of products, stirring concerns among market participants.

Key Indices Show Early Declines

At the opening bell, the Dow Jones dropped by 0.38%, shedding 158 points, with Johnson & Johnson leading the downturn with a 3.66% fall. The Nasdaq 100 wasn't spared, losing 0.48%, while the S&P 500 started the session 0.36% lower, highlighted by a significant 4.43% drop in Delta Air Lines shares.

Euro Dips Against the Dollar

In currency markets, the euro weakened slightly against the dollar, trading 0.21% lower at 1.07929 by 9:29 am ET, reflecting the broader market's cautious stance ahead of the tariff announcement.