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Barchart
Rich Asplund

Stocks Erase Most Gains as Trade Tensions Heat Up

United States Nasdaq SP Donald Trump Dow Jones Advanced Micro Devices Broadcom ECB Nvidia Verizon Communications

The S&P 500 Index ($SPX) (SPY) today is down -0.16%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.84%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.40%.  March E-mini S&P futures (ESH25) are down -0.24%, and March E-mini Nasdaq futures (NQH25) are up +0.24%. 

Stock indexes today are mixed, with the Dow Jones Industrials falling to a 6-month low.  Stocks today initially moved higher after the US Feb CPI rose less than expected.  Strength in the Magnificent Seven stocks and a rally in chip stocks today support gains in the broader market.  Verizon Communications is down more than -4% and is weighing on the Dow Jones Industrials. 

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