The S&P 500 Index ($SPX) (SPY) today is down -0.40%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.89%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.08%. March E-mini S&P futures (ESH25) are down -0.48%, and March E-mini Nasdaq futures (NQH25) are up +0.02%.
Stock indexes today gave up early gains and turned lower, with the S&P 500 and Dow Jones Industrials falling to 5-3/4 month lows. Stocks slipped after President Trump said he would increase the tariff on US imports of steel and aluminum from Canada to 50% from 25%, effective Wednesday, in retaliation for Ontario placing a 25% export tariff on electricity sent to the US. Mr. Trump also said he would “substantially increase” tariffs on Canada on April 2 if it does not drop tariffs on dairy products and other US goods.
