This is in response to Trump confirming that the 25% Canada and Mexico tariffs would be going ahead, alongside a furt
The Nasdaq fell 2.6% Monday after Trump vowed to implement the Canada and Mexico tariffs, as the tech index is down 8.5% from its all-time high set less than two weeks ago.
Tesla stock’s tumble has hit Musk’s wealth hard, Eli Lilly is doubling down on U.S. factories amid trade threat, and more news to start your day.
Nvidia (NVDA) stock rebounded from an early-morning slump on Tuesday as AI stocks shook off the tariff shock that sent the broader market reeling. Nvidia shares rose 1.7% Tuesday after tumbling more than 8% yesterday and trading as much as 4% lower in premarket trading today.
Wall Street is on edge again, but the culprit this time isn’t just inflation. Instead, equities investors large and small are gripped by fear of slowing economic growth in the US.
Growth stocks are in focus as President Donald Trump’s tariffs on Mexico and Canada went live on Tuesday, March 4. His administration also raised tariffs on China from 10% to 20%. While higher tariffs across the board could prove to be a meaningful headwind for growth names,