Tariff Tremors: Wall Street's Indices Open Lower Amidst New Challenges
Wall Street's main indices opened in the red on Monday as investors reacted negatively to renewed tariff concerns. President Trump's announcement of a new 15% duty, following a Supreme Court decision, unsettled the market.
Wall Street experienced a shaky start on Monday morning, as major indexes opened lower amid escalating concerns over tariffs. The downturn came after President Donald Trump imposed a fresh 15% duty, following a Supreme Court ruling against his broader tariff measures.
The early trading session saw the Dow Jones Industrial Average fall by 89.4 points, equivalent to 0.18%, settling at 49,536.54 points. Meanwhile, the S&P 500 index recorded a decline of 8.3 points, or 0.12%, reaching 6,901.25.
Simultaneously, the Nasdaq Composite index experienced a drop of 45.1 points, representing a 0.20% decrease, bringing it to 22,840.972 points. Investors remain wary as the market adapts to the implications of the latest tariff changes.
(With inputs from agencies.)
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