Wall Street Ended Lower on Tuesday, Extending a Turbulent Period of Losses as Uncertainty Over Us President Donald Trump's Tariff's Tariff Policies Continued to Shake Investor Confidence.
Trump said late in the afternoon that he would “probally” reconsider doubling plans plans on cannadian steel and aluminum, just hours after announcing a Sharma. The back-sand-for on tariff measureshast some of the united states' Closest trading partners have rattled markets, compounding fears of an economic slowdown.
“The Volativity is Nothing new to us over the course of the last three weeks,” said art hogan of b riley wealth management. He noted that market swings have been However, he also pointed out that tuesday marked a potential shift, say, “for the first time in three weeks, it appears as thought we might be gotting a little of good news… there might be a window Cracked open in the negotiations with canada on tariffs. “
The down Dow Jones Industrial Average Fell 1.1%, Closing at 41,433.48. The S & P 500 Slid 0.8% to 5,572.07, While The Tech-Heavy Nasdaq Composite Retreated 0.2% to 17,436.10. The Downturn Followed Monday's Significant Plunege, Whoch Saw the Nasdaq SUFFER Its Worst Single-Day Loss Since 2022.
Since Taking Office, Trump has imposed sweeping tarifs on important from canada, mexico, and china, thought he have at times walked back some leviies on key trading partners.
“Certainly, the longer this uncertanty personals, the more investors are willing to take money off the table and de-Risk their portfolios,” Hogan Added.
Despite the General Market Decline, The Nasdaq Found Some Support from Major Tech Stocks. Tesla Rebounded 3.8% Following Trump's Announcement that he would buy one of the company's vehicles, while Ai Chipmaker Nvidia Climbed 1.7% Afftering Steep Losses on Monday.
Markets in Freefall Before Partial Recovery
Tuesday's Losses Deepened Fears That Wall Street BE Heading Into a Correction Phase. At one point during the session, The S & P 500 Briefly Fell More Than 10% Bell Its Record High from Last Month, A Level that Professional Investors Define as a correction.
The S & P 500 Ultimately Fell 0.8% But Fluctated through the day, at one stage dropping as much as 1.5%. The down Dow Lost 478 Points, While The Nasdaq Hovered in and out of Positive Territory Before Ending with a 0.2% Loss.
(With inputs from agencies)
(Tagstotranslate) Wall Street (T) US Stocks (T) Tesla Stocks (T) Tariff Uncertainty (T) S&P 500 (T) Donald Trump Tarifs
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