Impact of Tariffs on the Stock Market
The Dow Jones Industrial Average fell after President Trump imposed tariffs on imports from Mexico and Canada, leading to a 0.9% decline. The S&P 500 and Nasdaq Composite also experienced losses and gains, respectively.
Key Points
- Dow Jones fell 0.9% after tariffs on imports from Mexico and Canada
- S&P 500 slipped 0.6%
- Nasdaq Composite added 0.2% by midafternoon trading