Stocks are down due to President Trump's new tariff threats
From Nasdaq: 2025-02-19 13:39:56
The S&P 500, Dow Jones, and Nasdaq are all down today. President Trump’s tariff threats on auto, semiconductor, and pharmaceutical imports have sent shockwaves through the market. T-note prices recovered, but US housing starts fell in January. ECB hints at pausing rate cuts. Fed minutes awaited. The markets are pricing in a 2% chance of a rate cut in March. Overseas markets are mixed, with European stocks hit by Trump’s tariff threat. Intel and Meta Platforms are down, while Analog Devices is up. Cadence Design Systems and Arista Networks are down, while Toll Brothers disappoints. Etsy reports a sales miss. Earnings reports on 2/19 include Garmin, Analog Devices, and more.
Read more at Nasdaq: Stocks are Undercut by New Tariff Announcement
