The S&P 500 Index ($SPX) (SPY) today is down -0.28%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.34%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.27%. March E-mini S&P futures (ESH25) are down -0.30%, and March E-mini Nasdaq futures (NQH25) are down -0.22%.
Stocks are retreating today, and gold prices have climbed to a record high due to concerns that President Trump’s tariff plans will boost inflation and undercut economic growth. Also, weak earnings results from Walmart are weighing on stocks due to concerns about consumer demand, with Walmart down more than -7% after forecasting lower-than-expected full-year profit, citing an uncertain economic environment.
