From Financial Modeling Prep: 2025-03-04 05:52:29

The S&P 500 plunged due to escalating trade tensions, triggered by President Trump’s tariffs on Mexico, Canada, and China. The Dow Jones fell 1.5%, Nasdaq dropped 2.6%, reflecting market weakness and uncertainty.

President Trump confirmed 25% tariffs on Mexican and Canadian imports, effective March 4, 2025. He also raised tariffs on Chinese goods to 20%, sparking fears of supply chain disruptions and economic slowdown. China and other trading partners may retaliate, heightening global uncertainty.

Manufacturing sector shows signs of slowing, with ISM Manufacturing PMI dropping to 50.3 in February. Concerns grow as demand eases, production stabilizes, and companies face operational shocks from tariff policies, impacting economic growth outlook.

Financial Modeling Prep offers APIs for real-time market insights, including historical S&P 500 data and sector performance tracking. Investors can use these tools to navigate market volatility amid trade tensions and economic uncertainties.

Persistent trade uncertainty and market volatility loom ahead as the trade dispute intensifies. Investors must monitor economic indicators and corporate performance closely to gauge the impact on market stability. Trade policy will continue to shape market dynamics, influencing investment decisions.



Read more at Financial Modeling Prep:: S&P 500 Slumps as Trade War Concerns Escalate Amid…