The Dow Jones index drops 1.33% or 572 points in the New York morning to 42,618 points. The most penalized value is Boeing, which falls 5.8%, for 5.17% that Goldman Sachs yields. Amgen rises 2.4% and Procter & Gamble 2.20%. Meanwhile, the S&P 500 falls 1.36%, in 5,770 points and the Nasdaq technology drops 1.32% to 18,107 points, already entering corrective territory.
The large New York indices come from a very complicated session yesterday Monday after President Trump announced The entry into force for the new tariffs to Canada, Mexico and China. The Dow Jones ended up lowering 1.48% at the close, while the S&P 500 left 1.76%, its per day since December, a punishment that leads to it already in negative in the accumulated of 2025. The Nasdaq technological is also found in negative terrain this year, which retreated 2.64% at the closure.
Los new 25% tariffs from the imports of Mexico and Canada Midnight last, along with a duplication of tariffs to Chinese products up to 20%. The Asian giant soon retaliates Against the new US tariffs, announcing increases from between 10% and 15% in import taxes that affect a series of American agricultural and food products, and subjecting twenty -five US companies to export and investment restrictions. In addition, China has suspended the conditions to import soy of three US exporters and detained American wood imports.
Canada He has also answered, with the implementation of new rates on a total volume of 107,000 million dollars of imports from the USof which about 30,000 million have already entered into force on Tuesday. “Our tariffs will remain in force until the US commercial measure is withdrawn, and if US tariffs do not stop, we are in active and ongoing conversations with the provinces and territories to search for several non -tariff measures,” said Prime Minister Justin Trudeau.
For her part, the Mexican president, Claudia Sheinbaum, has also anticipated retaliation tariffs: “We have decided to respond with tariff and non -tariff measures that I will announce on Sunday,” he said.
Investors are discounting that tariffs will envive inflationary pressures, reduce demand and reduce corporate profits at a time when the latest macro references seem to point to a slowdown in the world’s largest economy. The market expects April 1 to be the key date on which President Trump is likely to announce his full -fledged global commercial policy.
“Although certain market participants treat Trump’s tariff conversations as a negotiation tactic, the latest events show that The implementation of its ‘America First’ agenda is taken seriouslycompletely ignoring the impact on the global economy, ”says Achilleas Georgolopoulos, XM senior market analyst.
In the most purely business field, there are still some more lagging companies in publishing their quarterly accounts. Today has been Target’s turn, which has warned that he expects a “significant” fall in the first quarter’s profits to the “continued uncertainty of consumers”, largely by tariffs. The shares drops more than 3% in the opening.
However, the retailer has broken expectations with her accounts of the fourth quarter, with A benefit per share of 2.41 dollars exceeding $ 2.26. Income amounted to 30,920 million dollars, slightly above 30,820 million expected by the market.
He has also submitted his accounts before the Best Buy opening. The retailer He earned $ 2.58 adjusted by action on sales of $ 13,950 million in the quarter Finished on February 1. The analysts had waited profits for the fourth fiscal quarter of $ 2.40 per share and income of $ 13,680 million. For fiscal year 2026, Best Buy points to adjusted profits of $ 6.40 per sales on sales of 41.8 billion. Analysts anticipated $ 6.58 profits per sales on sales of 41,750 million. The shares start the session with 5.4%drops.
Gitlab shares fall more than 4% in the opening even though it broke market expectations last night with a benefit adjusted per action in the fourth quarter of 33 cents, well above the 23 cents per expected title. The income reached 211 million, above the planned 206 million.
At the close of today’s session, Crowdstrike’s results are also expected.
In Oras Noticias, Honeywell International is close to closing an agreement of almost 2.2 billion dollars to buy the Compressor Manufacturer Sindyne to the private capital firm Warburg Pincus, according to information advanced by The Wall Street Journal.
Meanwhile, Tesla’s actions fall 3% in the pre -opening after the data has shown that Vehicle sales of the company manufactured in China fell almost 50% in February compared to the previous year. In total, the company sold more than 30,000 of these vehicles, the lowest level in more than two years.
Starbucks has named on Tuesday Cathy Smith as new financial director (CFO)replacing Rachel Ruggeri. Smith was until now CFO of Nordstrom, a position he held in 2020. He previously worked at Target.
In raw material markets, today the eyes are directed to gold, which enforces their condition as an active refuge at a time of nerves in the markets for the commercial war. The yellow metal in its cash version rises for the second consecutive day, with an increase of 1.02% to $ 2,931 per ounce. Gold has earned 10% so far this year, reaching a historical maximum of 2,956.15 dollars on February 24.
Meanwhile, oil prices expand losses after knowing that OPEC+ will continue with an increase in production planned for April, and while investors closely monitor the implications of the tariff war. American West Texas Petroleum Futures fall 1.11% to $ 67.63 per barrel, while the international Brent of international reference is left 1.41%, in $ 70.61.
The euro rises 0.37% against the dollar until leaving the exchange rate at $ 1,0526 for each community currency.
In the cryptodivises, all the profits produced by the announcement on the weekend that the US will create a strategic reserve will be erased from a stroke. The commercial war weighs more on the spirits, leading Bitcoin to fall 11.15% in the last 24 hours, to 82,819 dollars. Ethereum falls more than 12.4%, in $ 2,066.