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