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Back 27 Mar 2025

US stocks slip as auto tariffs approach ​  

Summary: US stocks fell on March 26th following the White House’s announcement that President Trump would unveil new auto tariffs after market close. The Dow Jones Industrial Average closed down 0.3%, the S&P 500 Index fell 1.1%, and the Nasdaq Composite Index tumbled 2%. The announcement of the tariffs, coupled with concerns about reciprocal tariffs on April 2nd, contributed to the market’s decline.

Link: https://www.straitstimes.com/business/companies-markets/us-stocks-slip-as-auto-tariffs-approach