The shares withdrew on Monday, extending the fall in February after President Donald Trump confirmed the upcoming customs and increased concerns about the economy.
Dow Jones Industrial Average fell 907 points or 2.1 percent. S & P 500 dropped 2.3 percent. Nasdaq Composite slipped 3.2%, burdened by falling Nvidia from more than 9%.
All three indices were traded on the rise earlier during the session, with Dow increased by almost 200 points at one point. Stocks have fallen significantly in the afternoon trading after Trump reiterated 25% to imports from Mexico and Canada to enter into force on Tuesday, collapsing the investor’s hope to avoid full customs on the two American ally.
“There is no more room for Mexico or Canada,” Trump said together with the Minister of Store Howard Lutnicko from the White House. “Reciprocal customs start on 2. April … but which is very important, tomorrow will begin Customs, 25% for Canada and 25% for Mexico, ….”
A stretch without risk followed, which hit everything, from technology to small capitalization, reports SEEbiz. In addition to Nvidi, the former popular artificial intelligence games such as Broadcom and Super Micro Computer also fell. Eitherwhere, Russell 2000 focused on a small capitalization fell by close to 3%.
Shares that will suffer direct impact of customs customs or retaliation of targeted countries have also fallen. GM and Ford experienced their lowest results after Trump’s comments.
Sales on Monday that begins in March after three main indices recorded losses in February, mainly due to fear of the impact of customs and early signs of lower DKonomijd. Dow and S & P 500 burned each for more than 1% in February, while technological rich Nasdaq Composite recorded the worst month since April 2024. With a withdrawal of 4%.
