The S&P 500 Index ($SPX) (SPY) today is down -0.33%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.24%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.68%. March E-mini S&P futures (ESH25) are down -0.42%, and March E-mini Nasdaq futures (NQH25) are down -0.62%.
Stock indexes today are moderately lower as the escalation of trade tensions sparks a risk-off sentiment in asset markets. President Trump threatened to enact a 200% tariff on European wine, champagne, and other alcoholic beverages if the EU doesn't repeal a tax on US whiskey. Stock index futures recovered from their worst levels after weekly US jobless claims unexpectedly declined and US Feb producer prices rose less than expected.
