Securities Market News on March 6, 2025

The stocks resumed their sharp decline on Thursday, as the latest concessions from the White House failed to President Donald Trump’s controversial policies in calming the displaced investors.

the Dow Jon’s industrial average 427.51 drops slide less, or 0.99 %, to 42,579.08, after a decrease of more than 600 points at the lowest levels of the session. the S & P 500 1.78 % decreased to 5,738.52. the Nasdak 2.61 % decreased to 18,069.26, officially closed in the correction area, which is when an index decreases by 10 % of the highest modern level.

The declines come on Thursday when Canadian, Mexican and Chinese imports rocked the financial markets after this week. Both Canada and China have responded to their revenge fees, while Mexico said it would unveil measures during the weekend. The Nasdaq Stock Exchange has decreased by more than 4 % of the week so far, while Dow and S&P 500 slipped around 2.9 % and 3.6 %, respectively. The three are walking in their worst week since September 2024.

Thursday brought a return to the sale after the White House announced a Delay one month To obtain a tariff for car manufacturers that sell cars that are compatible with the United States and Mexico-Kanada Convention, the recovery gathering on Wednesday. This gave hope to investors who expect the fees to go again, in turn reduces the expected blow to the American economy.

Trump announced on Thursday this more The Canadian and Mexican goods that were conducted according to the USMCA agreement will receive one month on taxes. But this news did not provide the same ascending momentum in the market that was seen in the previous session with uncertainty about politics.

Fears argued on Thursday afternoon after Treasury Secretary Scott Payet argued in favor of definitions, leaving investors asking to what extent will the White House will be ready to go to make concessions on the long -term policy. Investors seemed tiring due to a barrage of data from members of the administration and changes in the customs tariff policy in recent days.

“To the extent that the practices of another country harm our economy and people, the United States will respond,” Pesin said during an economic event in New York. “This is the first American commercial policy.”

Canadian Prime Minister Pisint also described as a “Numbskull,” While saying that the administration was focusing on the main street more than Wall Street. S&P 500 scored its lowest point since the early November of the session.

“You are just confusion,” said Keith Lerner, the chief strategy of the market in Truest. “This confusion permeates the fluctuations of the daily market.”

The continued relaxation in the popular artificial intelligence trade, which strengthened the market for more than a year, also damaged shares on Thursday.

It is worth noting, the chips maker Marvell Technology Nearly 20 % decreased after the company issued mixed instructions in the first quarter. Other semiconductor builders such as On semiconductors, Taiwan semiconductors and Nafidia Also slip.

Moreover, a series of modern economic reports sparked a warning that Trump’s policies may hinder the American economy. They came before the job report that was closely seen on Friday.

The beige book in the Federal Reserve and the Institute of Supply Management indicated to read both the fear of the high costs of inputs due to the definitions. Data from Challenger and Gray & Christmas, which was released on Thursday, showed workers illegal ads It rose to the highest level in 2020,, Which was found by Outlated, which was driven by Trump and billionaire Elon Musk to shrink the workforce of the federal government.