The S&P 500 eked out a gain on Wednesday, snapping a four-day run of losses.
The broad market index advanced 0.01% to close at 5,956.06. The Dow Jones Industrial Average dropped 188.04 points, or 0.43%, to end at 43,433.12. The 30-stock average was earlier up as much as 245.34 points, or about 0.6%. Meanwhile, the tech-heavy Nasdaq Composite rose 0.26% and ended at 19,075.26.
Nvidia rose more than 3% ahead of its earnings report after the bell. Meanwhile, shares of Instacart parent Maplebear dropped 12.3% for their worst day on record.
Stocks moved down from their highs as uncertainty around President Donald Trump’s trade policy heightened worries among investors. During his first cabinet meeting, Trump stated that tariffs against Canada and Mexico will take effect. He also declared he would soon expand his trade war to include 25% tariffs on goods from the European Union.
Source: https://www.cnbc.com/2025/02/25/stock-market-today-live-updates.html