US Stock Market: Nasdaq crashes 497 pts, Dow gives up 650 pts; NVIDIA falls to $114

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US Stock Market Today, Dow Jones, S&P 500, Nasdaq: Wall Street shares fell on Monday—with the S&P taking its worst single-day hit in two-and-a-half months—after US President Donald Trump announced the onset of 25 per cent tariffs on Canada and Mexico while a slide in a monthly manufacturing PMI reading also hurt investor sentiment. Uncertainty surrounding the global trade situation has kept investors on their toes for the past few weeks given the aggressive stance of 47th US President on the matter.

Among index heavyweights, NVIDIA plunged by $10.9, or 8.7 per cent, to settle at $114.1 apiece. Apple shares declined 1.6 per cent to close at $238 apiece.

US Stock Market on March 3 | Here is how Dow Jones, S&P 500 & Nasdaq fared

At the end of the session, here’s where the three main gauges stood:

  • DJIA: down 649.7 points, or 1.5 per cent, at 43,191.2
  • S&P 500: down 104.8 points, or 1.8 per cent, at 5,849.7
  • Nasdaq: down 497.1 points, or 2.6 per cent, at 18,350.2

Top Dow Gainers vs Losers Today

As many as 23 Dow stocks finished the day in the red.

Stock

March 3 Close ($)

Change (%)

NVIDIA Corp

114.1

-8.7

Chevron Corp

153.1

-3.5

Caterpillar Inc

332.0

-3.5

Amazon.com Inc

205.0

-3.4

Procter & Gamble Co

175.6

1.0

Johnson & Johnson

167.3

1.4

Coca-Cola Co

72.3

1.6

Verizon Communications Inc

43.9

1.8

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Now, let’s take a look at some of the major US technology stocks. 

Stock

March 3 Close ($)

Change (%)

NVIDIA Corp

114.1

-8.7

Arm Holdings PLC

121.1

-8.0

Constellation Energy Corp

232.3

-7.3

Intel Corp

22.7

-4.2

Amazon.com Inc

205.0

-3.4

Tesla Inc

284.7

-2.8

Microsoft Corp

388.5

-2.1

Alphabet Class C

168.7

-2.1

Meta Platforms Inc

655.1

-2.0

Alphabet Class A

167.0

-1.9

Apple Inc

238.0

-1.6

Netflix Inc

973.7

-0.7

Mondelez International Inc

65.8

2.4

Applovin Corp

337.3

3.6

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With inputs from agencies