The S&P 500 Index ($SPX) (SPY) Tuesday closed down -1.07%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.62%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.66%. March E-mini S&P futures (ESH25) are down -1.06%, and March E-mini Nasdaq futures (NQH25) are down -1.65%.
Stock indexes retreated Tuesday on concerns that the US economy is losing momentum due to US trade policies. Weakness in the Magnificent Seven stocks and a slide in chip stocks led to a rout in megacap technology stocks Tuesday that weighed on the broader market.
