Reported about 4 hours ago
U.S. stock markets saw a decline today, with the Dow Jones dropping about 0.5%, the S&P 500 by 0.8%, and the Nasdaq by 0.9% amid uncertainty over tariffs and disappointing earnings forecasts, particularly from Marvell. Trade-war anxieties persisted as Commerce Secretary Howard Lutnick suggested potential temporary exemptions from the administration’s 25% tariffs on Canada and Mexico. Meanwhile, labor data indicated a decline in weekly jobless claims, but continuing claims rose, hinting at a slower recovery for unemployed workers.
Source: YAHOO