Lates News

The S&P 500 index initially fell by 0.8%, with the healthcare, consumer discretionary, and materials sectors dropping by at least 1%, while the technology and telecom sectors fell by 0.7% and the energy sector rose by 1%. The Nasdaq 100 index initially fell by 0.9%, with components Adobe and T-Mobile falling by over 4%, Tesla falling by 3.7% as the third largest decline, and PANW, Arm Holdings, CrowdStrike, and Datadog rising by over 2%. Merck Pharmaceuticals and Nike fell by around 3%, leading decliners among Dow component stocks, while Visa rose by 0.7% and Chevron rose by 2%. The Nasdaq Biotechnology Index fell by 1.8%, the semiconductor index fell by 0.7%, and the banking index fell by 0.8%; the tech giants index fell by 0.7%, and the "Trump Tariff Losers Index" fell by 1.7%.