Ford, Nvidia And Tesla Among Hardest Hit As Tariffs Drag Down Stock Market
Ford Motor(F) Forbes·2025-02-03 15:01
ToplineThe U.S. stock market sold off Monday as Wall Street digested President Donald Trump’s tariffs on Canadian, Chinese and Mexican goods set to go into effect Tuesday, though much of the losses were concentrated in Michigan’s auto sector and Silicon Valley.Stocks slumped Monday in response to Trump's impending tariffs.AFP via Getty Images Key FactsBroad indexes tumbled Monday morning, as the benchmark S&P 500 fell 1.5% by 9:45 a.m. EST, the blue chip Dow Jones Industrial Average dropped 1.2%, or 540 poi ...