The panelists of the “countdown of the Claman” Kenny Polcari and Simeon Hyman analyze that the markets will react to the customs in Canada and Mexico.
The US shares suddenly fell on Monday hours before 25% of Tariff Trump’s chairman against Canada and Mexico went live at midnight.
AND Dow Jones industrial fell nearly 700 points or 1.48%, While Nasdaq Composite lost 2.6%and S&P 500 1.7%.
| Dice | Security | Last | Change | Change % |
|---|---|---|---|---|
| I: Dji | Dow Jones average | 43191.24 | -649.67 |
-1.48% |
| I: Comp | Nasdaq the composite index | 18350.191194 | -497.09 |
-2.64% |
| SP500 | S & P 500 | 5849.72 | -104.78 |
-1.76% |
The most active shares included Nvidia, which lost 8%, and Intel, the TSMC rival fell 4%and Ford almost 2%.
| Dice | Security | Last | Change | Change % |
|---|---|---|---|---|
| Nvda | Nvidia Corp. | 114.06 | -10.86 |
-8.69% |
| Intc | Intel Corp. | 22.74 | -0,99 |
-4.17% |
| F | Ford engine CO. | 9.39 | -0.16 |
-1.68% |
Dow Jones industrial average
“There is no room for Mexico or Canada. No, tariffs, you know, they are all set up. They take effect tomorrow,” Trump said, taking the questions after the announcement TSMC’s investment in the US “Build a condition of the semiconductor production plant, mainly in Arizona.
Tariffs to Canada, Mexico, Tuesday
US President Donald Trump (R) is collapsing with the Taiwanese companies for the manufacturing of the semiconductor (TSMC) CC Wei in Roosevelt’s White House room on March 3, 2025. In Washington, DC (Andrew Hardik / Getty Images / Getty Images)
“It will be very expensive for people to use this country. They cannot enter and steal our money and steal our jobs and take over our factories and take over our jobs and expect that they will not be punished and punish them with tariffs,” he added.
Technology and energy supplies walked for sale, while consumers and health care, defensive games, announced a fractional gain.
| Dice | Security | Last | Change | Change % |
|---|---|---|---|---|
| XLK | Technology Select SPDR ETF sector | 218.76 | -6,78 |
-3.01% |
| Xle | SPDR ETF Energy Select Sector | 87.82 | -3.18 |
-3.49% |
| XLP | Consumer staples select SPDR ETF sector | 83.54 | +0.53 |
+0.64% |
| XLV | SPDR ETF health care sector | 149.58 | +0.65 |
+0.44% |
AND Yield in 10-year treasury slid to a quarterly low 4.2%.
In addition to tariffs, disappointing production data also withdrew markets. The ISM index of new orders fell for the first time in six months, while employment index remains in contraction eight of the last nine months.
The American economy may be staring at slowing down. GDNOW’s forecast Federal Atlanta reserves, which measures real-time growth expectations, shows a 2.8% decline in the first quarter of 2025 last week, Consumer trust saw the biggest fall in almost four years.
| Dice | Security | Last | Change | Change % |
|---|---|---|---|---|
| Uso | United States of the Naphtni Fund – USD ACC | 73.32 | -1.90 |
-2.53% |
| GLD | SPDR Gold shares trust – USD ACC | 266.74 | +3.47 |
+1.32% |
The oil slid over 2% to $ 68.28 per barrel, while gold increased 1.85% to $ 2901 for ounces.
Trump progresses the crypto spare plan
Get a job with Fox on a clicking movement here
In Kripto currencies, Bitcoin revealed earlier gains after Trump posted plans for a strategic cryptocurrency reserve on Sunday. Prices hovering below $ 90,000, which is a drop in a record $ 106,734.
