U.S. Stocks Open Lower on Thursday; Big Tech Stocks Sink With Nvidia and Tesla Down 3%

Tiger Newspress

2025/03/06

US stocks were under pressure Thursday as investors sought out more clarity on the latest U.S. tariff measures.

The Dow Jones Industrial Average traded 406 points lower, or about 1%. The S&P 500 shed 1.3%, and the Nasdaq Composite pulled back 1.8%.

U.S. tariffs on Canadian, Mexican and Chinese imports took effect this week, rocking financial markets. Canada and China responded with retaliatory levies of its own, while Mexico said it would unveil measures over the weekend.

Big tech stocks sank in morning trading. Nvidia and Tesla dropped 3%.

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