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Barchart
Barchart
Rich Asplund

Stocks Retreat on Trade and Economic Concerns

The S&P 500 Index ($SPX) (SPY) today is down -1.50%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.65%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -2.19%.  March E-mini S&P futures (ESH25) are down -1.50%, and March E-mini Nasdaq futures (NQH25) are down -2.18%. 

Stock indexes today are falling, with the Nasdaq 100 posting a 5-1/4 month low on concern that tariffs and cuts to the federal workforce will dampen consumer confidence and curb economic growth.  Comments from President Trump on a Sunday news show added to pressure on stocks today when he said the US economy faces “a period of transition” from his tariff policies.  Losses in the Magnificent Seven stocks today are also weighing on the overall market,

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