Equity markets experienced volatility following President Trump’s announcement of tariffs on Mexico, Canada, and China, leading to a 0.5% drop in the Dow Jones Industrial Average. Nvidia’s stock fell 8.5% despite strong earnings, while 3M gained 2.1% on positive guidance. Economic data showed GDP growth at 2.3% and a rise in durable goods orders, but initial unemployment claims surged to a five-month high, raising concerns about future employment trends.
about Mixed Market Reactions Amid Tariff Announcements and Economic Data