Around 15 minutes into trading, the Dow Jones Industrial Average added 0.3 percent to 43,966.33, while the broad-based S&P 500 Index rose 0.1 percent to 5,959.58, tech-focused Nasdaq Composite Index slipped 0.1 percent to 18,825.81, AFP reported.
“Tariffs have been weighing on investors’ mind in some shape or form since the election,” said Art Hogan of B. Riley Wealth Management.
He added that the uncertainty of their imposition has loomed over markets: “That clearly is what weighed on markets the most in February, and it weighed on consumer sentiment.”
Among individual companies, Tesla shares gained around 0.7 per cent in early trading while Palantir Technologies gained 2.6 per cent. Looking ahead, investors will be eyeing employment data for a sense of how the world’s biggest economy is faring.
FAQs
Q1. What are main indexes of US stock market?
A1. Dow Jones Industrial Average, S&P 500, and Nasdaq Composite are main indexes of US stock market.Q2. How are Tesla and Palantir Technologies shares performing?
A2. Tesla shares gained around 0.7 per cent in early trading while Palantir Technologies gained 2.6 per cent.
Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.