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Barchart
Barchart
Rich Asplund

Stocks Weighed Down as US Tariffs Raise Economic Concerns

The S&P 500 Index ($SPX) (SPY) today is down -0.32%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.40%.  March E-mini S&P futures (ESH25) are down -0.41%, and March E-mini Nasdaq futures (NQH25) are down -0.56%. 

Stock indexes gave up early gains today and turned lower on concern that US tariffs will depress US economic growth.  Also, today’s -3% fall in the price of WTI crude oil to a 5-3/4 month low is weighing on energy stocks, and weakness in chip stocks is weighing on the tech sector.

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