Close Menu
Influential MagazineInfluential Magazine
  • Home
  • Latest News
  • Entrepreneurs
  • Business
  • Finance
  • Leadership
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release

Subscribe to Updates

Get the latest business and finance news for entrepreneurs all around the world.

What's Hot
Plastic Spoons, Umbrellas, Violins: A Guide to What Americans Buy From China

Plastic Spoons, Umbrellas, Violins: A Guide to What Americans Buy From China

May 24, 2025
Are You Smarter Than a Billionaire?

Are You Smarter Than a Billionaire?

May 22, 2025
Wedding Belles Love Expands with Size-Inclusive, Same-Day Bridalwear Boutique

Wedding Belles Love Expands with Size-Inclusive, Same-Day Bridalwear Boutique

May 22, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Influential MagazineInfluential Magazine
SUBSCRIBE
  • Home
  • Latest News
  • Entrepreneurs
  • Business
  • Finance
  • Leadership
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release
Influential MagazineInfluential Magazine
Home » Stocks Post Biggest Loss of the Year on Trump’s Tariff Plans

Stocks Post Biggest Loss of the Year on Trump’s Tariff Plans

March 3, 20252 Mins Read Business
Stocks Post Biggest Loss of the Year on Trump’s Tariff Plans
Share
Facebook Twitter Reddit Telegram Pinterest Email

Stocks fell sharply on Monday afternoon after President Trump affirmed tariffs on imports from Canada and Mexico, dashing investors’ hopes of a last-minute reprieve and intensifying concern that the sweeping tariffs could hit corporate profits and fuel inflation.

The S&P 500 fell 1.8 percent, the index’s biggest daily drop this year. The technology-heavy Nasdaq fell 2.6 percent, nearly crossing the threshold for the index to be in a “correction,” defined as a sell-off of more than 10 percent from a recent peak. The Nasdaq is now just over 9 percent below its high in mid-December.

The afternoon slump in the markets followed Mr. Trump’s statement at the White House on Monday that he would move forward on Tuesday with broad 25 percent tariffs on the United States’ two biggest trading partners. Mr. Trump has also said he would impose an additional 10 percent tariff on goods from China, on top of the 10 percent that took effect last month.

Investors fear that the tariffs will raise prices in the United States, pushing the Federal Reserve to keep interest rates elevated for longer and risking tipping the economy into a downturn.

Monday’s sell-off came after the stock market had already lost some of its shine in February. The S&P 500 ended about 1.4 percent lower for the month, as the Trump administration’s policy priorities and weak consumer sentiment made investors uneasy.

On Monday, the Russell 2000 index of smaller companies, which are typically more exposed to the ebb and flow of the economy, fell 3.1 percent, pushing further into its own correction; the index is down more than 14 percent since it peaked in late November. The Vix volatility index, also known as Wall Street’s “fear gauge,” rose sharply to 24 points, before easing to around 22, still above its long-term average.

Mr. Trump’s comments on tariffs extended the stock market’s declines from earlier in the day, when a February reading for a key manufacturing index came in weaker than investors had expected, a sign of slower growth in the sector.

Banking and Financial Institutions Donald J International Trade and World Market Protectionism (Trade) Standard & Poor's 500-Stock Index Stocks and Bonds Trump United States Politics and Government
Share. Facebook Twitter Pinterest LinkedIn Telegram Reddit Email
Previous ArticleEurope Faces a Huge Bill to Defend Ukraine. Investors Are Thrilled.
Next Article Texas May Rename the New York Strip

Related Posts

Plastic Spoons, Umbrellas, Violins: A Guide to What Americans Buy From China

Plastic Spoons, Umbrellas, Violins: A Guide to What Americans Buy From China

May 24, 2025
Are You Smarter Than a Billionaire?

Are You Smarter Than a Billionaire?

May 22, 2025
Markets Head Lower in Wake of Concerns About U.S. Debt

Markets Head Lower in Wake of Concerns About U.S. Debt

May 19, 2025
Video: How Staffing Shortages Have Plagued Newark Airport

Video: How Staffing Shortages Have Plagued Newark Airport

May 17, 2025
Consumers Show Signs of Strain Amid Trump’s Tariff Rollout

Consumers Show Signs of Strain Amid Trump’s Tariff Rollout

May 15, 2025
Inside Elon Musk’s X Feed: Trumpism, Falsehoods and Lots of Love for Elon Musk

Inside Elon Musk’s X Feed: Trumpism, Falsehoods and Lots of Love for Elon Musk

May 15, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Plastic Spoons, Umbrellas, Violins: A Guide to What Americans Buy From China

Plastic Spoons, Umbrellas, Violins: A Guide to What Americans Buy From China

By News RoomMay 24, 2025

Photo Illustration by Zak Bickel/The New York Times; Photographs via Getty; Unsplash Tariffs are up.…

Are You Smarter Than a Billionaire?

Are You Smarter Than a Billionaire?

May 22, 2025
Wedding Belles Love Expands with Size-Inclusive, Same-Day Bridalwear Boutique

Wedding Belles Love Expands with Size-Inclusive, Same-Day Bridalwear Boutique

May 22, 2025
Markets Head Lower in Wake of Concerns About U.S. Debt

Markets Head Lower in Wake of Concerns About U.S. Debt

May 19, 2025

Subscribe to Updates

Get the latest business and finance news for entrepreneurs all around the world.

About Us
About Us

Influential Magazine is one of the top news portals about Business and Finance news for Entrepreneurs and leaders all around the world, follow us for more intersting articles and news.

Our Picks
Markets Head Lower in Wake of Concerns About U.S. Debt

Markets Head Lower in Wake of Concerns About U.S. Debt

May 19, 2025
Video: How Staffing Shortages Have Plagued Newark Airport

Video: How Staffing Shortages Have Plagued Newark Airport

May 17, 2025
Father and Son Duo Launch PlayZer Media to Support Southern England’s Grassroots Music Scene

Father and Son Duo Launch PlayZer Media to Support Southern England’s Grassroots Music Scene

May 16, 2025
Trending Now
Inside Elon Musk’s X Feed: Trumpism, Falsehoods and Lots of Love for Elon Musk

Inside Elon Musk’s X Feed: Trumpism, Falsehoods and Lots of Love for Elon Musk

May 15, 2025
World Economic Forum Investigating Allegations Against Founder Klaus Schwab

World Economic Forum Investigating Allegations Against Founder Klaus Schwab

May 15, 2025
A.I. Was Coming for Radiologists’ Jobs. So Far, They’re Just More Efficient.

A.I. Was Coming for Radiologists’ Jobs. So Far, They’re Just More Efficient.

May 14, 2025
Influential Magazine
Facebook X (Twitter) Instagram LinkedIn
  • Home
  • Privacy Policy
  • Contact
  • Terms & Conditions
© 2025 Influential Mag. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.