Stock market indexes down due to concerns about tariffs and AI spending

From Nasdaq: 2025-03-06 18:59:00

Stock market indexes took a hit today, with the Dow down -427 points, the S&P 500 down -104 points, the Nasdaq down -483 points, and the Russell 2000 slipping -1.63%. Q4 earnings season has been positive, but concerns about tariffs and AI spending are weighing on the market.

Costco reported Q2 earnings missing estimates, while The Gap had a strong Q4, and Broadcom beat bottom-line estimates. Costco shares fell, while The Gap and Broadcom shares surged in after-hours trading.

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Read more at Nasdaq: Heavy March Headwinds Continue: Stocks Market Indexes Down