Global equity markets decline due to US tariff concerns, tech and cryptocurrency stocks fall.

From Nasdaq: 2025-03-31 11:46:00

Stock indexes are in a downturn, with the S&P 500, Dow Jones Industrials, and Nasdaq 100 all falling. Concerns over US tariffs are intensifying, leading to a global market slide. Safe-haven assets like gold are rising. Better-than-expected economic news from China provides some support, but fears of economic impact persist.

Overseas markets are also down, with the Euro Stoxx 50, Shanghai Composite, and Nikkei Stock 225 all declining. Interest rates are up as T-notes rally on recession fears from tariffs. European bond yields are lower, with Germany seeing a decline in CPI and a rise in retail sales.

US stock movers include a decline in tech giants like Tesla and Nvidia, as well as chip makers like AMD and Intel. Cryptocurrency-exposed stocks are also down. Airline stocks are suffering due to weakening US demand for UK travel. Moderna, Innovative Industrial Properties, and Sarepta Therapeutics are facing losses, while Mr. Cooper Group is up after an acquisition.

Defensive stocks like utility companies and food producers are gaining ground during the market slump. Celsius Holdings sees an upgrade, while AngloGold Ashanti Plc leads gold mining stocks higher. Earnings reports for key companies are expected on 3/31/2025. The markets are watching for developments in the ongoing tariff situation and economic indicators like the US March ISM manufacturing index.



Read more at Nasdaq: Global Equity Markets Slide on US Tariff Concerns