Stocks fall as new tariffs on Canada and Mexico are announced, leading major indices to drop.

From Nasdaq: 2025-03-03 18:41:00

Stocks fell today as news of +25% tariffs on Canada and Mexico emerged, with the Dow down -648 points, S&P 500 -104 points, Nasdaq -497 points, and Russell 2000 -60 points. Market reacts as Amazon, Apple, Microsoft, and NVIDIA shares drop. Atlanta Fed slashes Q1 GDP estimates to -2.8%.

Manufacturing data mixed, with S&P Manufacturing PMI beating estimates at 52.7 and ISM Manufacturing slightly below expectations at 50.3%. Construction Spending swings negative at -0.2%. Okta beats and raises in Q4, with shares up +13%. Zacks Top 10 Stocks for 2025 released with impressive historical performance.



Read more at Nasdaq: Markets Pull Back Late on New Tariff Talk