From Nasdaq: 2025-05-06 13:20:00

Stock indexes, including S&P 500, Dow Jones, and Nasdaq, are down today due to US companies’ concerns about trade war impact. Ford Motor pulls guidance citing tariff plans. Markets await FOMC meeting with interest rate cut expectations at 2%. Tariffs and trade policy changes are in focus this week. Overseas markets are mixed.

US stock movers like Tesla, Nvidia, and Meta Platforms are down, impacting broader market. Chip stocks like GlobalFoundries, AMD, and NXP are sliding. Palantir and Vertex Pharmaceuticals report disappointing earnings. DoorDash, Coterra Energy, Fabrinet, and Clorox also see declines. Leidos Holdings, Celanese, Ingredion, ADM, Marriott, and AngloGold Ashanti show gains.

European government bond yields rise, Eurozone data weaker than expected. Swaps predict ECB rate cut in June. Gold mining stocks, including AngloGold Ashanti, rise as COMEX gold prices climb. Earnings reports due from various companies. Market awaits FOMC meeting outcome and post-meeting comments for future policy clues.



Read more at Nasdaq: Trade Uncertainty Weighs on Stocks