Reported 1 day ago
On February 27, 2025, U.S. stocks saw a decline, particularly in the S&P 500 and Nasdaq 100, following President Trump's tariff announcement on Canada and Mexico. Initial jobless claims exceeded expectations, indicating potential economic weakness, as pending home sales hit a record low. Notable stocks included eBay, which fell after missing revenue guidance, while Nvidia, Salesforce, and Warner Bros. Discovery also faced challenges, although Snowflake saw a rise in its shares due to strong earnings. This situation underscores the volatility in the market amidst broader economic signals.
Source: YAHOO