American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

US markets slide as Trump’s tariffs rattle investors; S&P 500, Dow, Nasdaq fall

by admin February 1, 2025
February 1, 2025
US markets slide as Trump’s tariffs rattle investors; S&P 500, Dow, Nasdaq fall

Wall Street’s early gains faded on Friday after the White House confirmed that President Donald Trump’s new tariffs on major US trading partners would take effect on Saturday.

The S&P 500 slipped 0.6%, the Dow Jones Industrial Average tumbled 345 points (0.8%), and the Nasdaq Composite dropped 0.4%, as investors reassessed risks tied to trade tensions.

Tariffs trigger sell-off in key stocks

The market turned lower after White House press secretary Karoline Leavitt announced that Trump’s 25% tariffs on Canada and Mexico, along with a 10% duty on Chinese imports, would be made public this weekend.

Stocks with significant exposure to these regions, such as Constellation Brands (Corona’s parent company) and Chipotle, fell 2% and 1%, respectively.

Energy stocks also slumped, with Chevron and Exxon Mobil declining 4% and 3%, respectively, after posting disappointing Q4 earnings.

Meanwhile, Apple initially rallied on stronger-than-expected services revenue, despite weak iPhone sales, but later gave up gains to trade 1% lower.

Markets wrap up a volatile week and month

Despite Friday’s losses, major indexes managed to recover some ground from Monday’s tech-led selloff.

The Nasdaq Composite, which plunged 3.07% earlier in the week amid concerns over China’s DeepSeek AI startup, trimmed its weekly losses to 1.7%.

The S&P 500 is on pace for a 1% weekly drop, while the Dow is set to finish 0.2% higher for the week.

Nvidia, a key driver of recent tech volatility, rebounded from a 17% Monday plunge to pare weekly losses to 14%.

For January, all three major indexes posted gains despite the turbulence.

The S&P 500 rose 2.6%, the Nasdaq advanced 1.5%, and the Dow outperformed with a 4.7% monthly jump.

Inflation data keeps Fed watchers on edge

Friday’s release of December’s Personal Consumption Expenditures (PCE) price index—the Federal Reserve’s preferred inflation gauge—showed a 0.3% monthly rise and a 2.6% annual increase, in line with expectations but higher than November’s 2.4% rate.

The core PCE, which excludes food and energy, climbed 0.2% monthly and 2.8% annually, raising concerns about persistent inflation pressures.

With the market grappling with trade policy uncertainties, earnings surprises, and inflation signals, investors remain cautious heading into February

The post US markets slide as Trump’s tariffs rattle investors; S&P 500, Dow, Nasdaq fall appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
JPM raises Carvana stock target: how high could CVNA go in 2025?
next post
Trump Media (DJT) grants stock to FBI nominee Kash Patel, Trump Jr., and more—see the full list

Related Posts

Bitcoin hits $100K as Asia-Pacific markets trade mixed...

December 5, 2024

Metaplanet raises 10B yen to fuel its aggressive...

October 22, 2024

Global auto stocks feel the heat as President...

March 27, 2025

Long CTAS: Cintas Corporation’s Resilient Performance, Navigating Post-Earnings...

February 20, 2025

Top 2 sports betting stocks to buy ahead...

August 31, 2025

Adani Power rallies 20% post 1:5 stock split;...

September 22, 2025

Here’s why the Honda Motor stock price has...

December 2, 2024

Here’s why the KOSPI index has plunged this...

December 20, 2024

Mullen Automotive stock has imploded: can MULN recover?

December 16, 2024

BMW recalls 331,000 cars after finding another dangerous...

September 27, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Europe bulletin: Manchester synagogue attack aftermath, stocks close higher

      October 5, 2025
    • Evening digest: Trump sets deadline for Hamas, Canada’s slowdown, BTC rebounds

      October 5, 2025
    • Iran executes six people for alleged links to Israel, state media reports

      October 5, 2025
    • US digest: Trump’s Hamas ultimatum, government shutdown stalemate continues

      October 5, 2025
    • Japanese stocks may extend record run as Takaichi win revives ‘Abenomics’

      October 5, 2025

    Categories

    • Business (4,191)
    • Investing (2,958)
    • Latest News (2,080)
    • Politics (1,536)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved