Stock indexes down due to economic concerns and US-China trade war

From Nasdaq: 2025-04-10 12:27:00

Stock indexes are down today, with the S&P 500, Dow Jones, and Nasdaq all showing losses. Concerns over US trade policies and tariffs are affecting markets, with the US-China trade war escalating. Signs of slowing inflation and a strong labor market offer some positive indicators. Overseas markets are higher, with European bond yields mixed.

Tech stocks are under pressure, with chip makers leading the decline. Economic concerns are impacting travel and leisure stocks, while energy producers are falling due to lower crude prices. CarMax and US Steel are notable losers, while Dexcom and Lovesac Co are among the gainers. Comcast and Eversource Energy are down, while Keros Therapeutics and Enact Holdings are up.

Earnings reporting season is beginning, with banks set to report first. Market attention is on US trade policies and economic data releases. Interest rates are up slightly, but the market is discounting a potential rate cut by the ECB. US stock movers like Tesla, Nvidia, and Apple are showing losses, while UnitedHealth Group is up. Earnings reports for various companies are expected on 4/10/2025.



Read more at Nasdaq: Stocks Retreat on Continued Global Economic Uncertainty