The S&P 500 Index ($SPX) (SPY) today is down -1.54%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -1.00%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -2.30%. June E-mini S&P futures (ESM25) are down -1.29%, and June E-mini Nasdaq futures (NQM25) are down -2.10%.
Stock indexes today are extending last week’s selloff, with the S&P 500 and Nasdaq 100 falling to 6-1/2 month lows and the Dow Jones Industrials dropping to a 2-week low. Stock markets worldwide are sliding today as concerns intensify about the impact of US tariffs on the global economy. The US is set to launch reciprocal tariffs on Wednesday, and President Trump said on Sunday that he plans to impose tariffs on “all countries,” curbing speculation that he could limit the initial scope of the tariffs. The tariff worries have fueled risk-off sentiment in asset markets and sparked safe-haven buying of government debt and gold, which climbed to a new record high today.
