Hot topics close

Stock market today: Nasdaq falls 1%, S&P 500 slides as tech lags ...

Stock market today Nasdaq falls 1 SampP 500 slides as tech lags
Stocks are eyeing a rebound as investors eye tariff risks to Nvidia in the countdown to its earnings

US stocks fell on Monday as the threat of tariffs against Mexico and Canada were put back on the table, and investors awaited this week's Nvidia (NVDA) earnings.

The Dow Jones Industrial Average (^DJI) was little changed, while the S&P 500 (^GSPC) fell 0.5%.

The tech-heavy Nasdaq Composite (^IXIC) fell 1.2% as Microsoft (MSFT), Nvidia (NVDA), and Amazon (AMZN) all declined.

The selling intensified in the last hour of trading after President Trump said tariffs against Mexico and Canada would move forward once the one-month delay expires next week.

"The tariffs are going forward on time, on schedule,” Trump told reporters on Monday afternoon.

Meanwhile, all eyes will be on AI chip heavyweight Nvidia when it reports quarterly results on Wednesday after the bell. Nvidia shares ended the session down

On Monday, Apple (AAPL) shares gained slightly after the iPhone maker announced a $500 billion investment plan in the US over the next four years, including a manufacturing facility in Houston and the hiring of 20,000 new workers.

Similar shots
News Archive
  • Amrita Rao
    Amrita Rao
    Amrita Rao Opts For A Classic Look With This Colour-Blocked Sari
    21 Jan 2019
    3
  • Artemis launch
    Artemis launch
    Artemis launch: NASA's mightiest rocket lifts off
    16 Nov 2022
    1
  • Antonia Staats
    Antonia Staats
    Useless Professor Neil Ferguson has been massaging stats… and married Antonia Staats
    6 May 2020
    4
  • Beetlejuice 2
    Beetlejuice 2
    'Beetlejuice 2': Everything we know about the sequel to Michael ...
    10 May 2023
    2
  • Packers
    Packers
    Giants silence Packers with last second field goal
    12 Dec 2023
    3