Reported 2 days ago
US stock markets opened lower on Wednesday as President Trump's proposed 25% tariffs on autos, chips, and pharmaceuticals weighed on investor sentiment. The S&P 500 and Nasdaq Composite fell nearly 2%, and the Dow Jones lost 0.3%. Investors are also closely monitoring upcoming Federal Reserve minutes for implications on future rate policies, particularly concerning inflation related to these tariffs. Amid these developments, Super Micro stock surged following recovery from a prior report, while Etsy's shares dipped after disappointing holiday sales.
Source: YAHOO