Stock Market Update: S&P 500 and Nasdaq Decline Amid Tariff News, Dow Recovers

Reported about 6 hours ago

US stocks saw a decline on Monday as the Trump administration prepared to implement tariffs on imports from Canada and China, although losses were mitigated after Trump announced a one-month delay on tariffs for Mexican imports following a discussion with Mexico's president. The tech-heavy Nasdaq Composite fell by 1.2%, while the S&P 500 and Dow Jones Industrial Average saw drops of 0.7% and 0.3%, respectively. Concerns about consumer discretionary and tech stocks persisted, especially in light of potential increased costs due to the impending tariffs.

Source: YAHOO

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