• Thu, Mar 5, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

2 June 2025 20:42  |

Wall Street opens lower after Trump's steel tariff threat

Wall Street's main indexes opened lower on Monday after President Donald Trump revealed plans to double tariffs on imported steel and aluminum, fueling more uncertainty around U.S. trade policies.

The Dow Jones Industrial Average fell 70.1 points, or 0.17%, at the open to 42199.94. The S&P 500 fell 15.0 points, or 0.25%, to 5896.68​, while the Nasdaq Composite dropped 50.7 points, or 0.27%, to 19063.06.

Source: Reuters

Related News

MARKET UPDATE

Asian Stocks Down, Focus on Korea, Middle East

Asian stocks started the week on a weak note, as investors grappled with South Korea’s political turmoil and awaited fresh ...

9 December 2024 07:43
MARKET UPDATE

Asian Stocks Drop as Trump’s Tariff Deadline Nears

Asian shares slumped at the open as White House pushing ahead with sweeping tariffs on trading partners including a 104% le...

9 April 2025 07:25
MARKET UPDATE

Asian Stocks Fluctuate on Hints of Tariff Relief

Stocks remained volatile in Asia after U.S. Commerce Secretary Howard Lutnick suggested the Trump administration may lift som...

5 March 2025 07:32
MARKET UPDATE

Asian Stocks in Narrow Range, Yen Crosses Key Level

Asian stocks traded in a narrow range after U.S. stocks fell from record highs as a disappointing forecast from the world’s...

21 February 2025 07:43
BIAS23.com NM23 Ai