Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

NASDAQ ENDS DOWN 2%; TRUMP SAYS TO ANNOUNCE AUTO TARIFFS

All three major U.S. stock indexes ended lower on Wednesday, with the Nasdaq .IXIC finishing 2% lower, with U.S. President Donald Trump saying just before the closing bell that he plans to announce tariffs on imported autos during an event later in the day.

Nvidia NVDA.O and megacaps shares led the way lower.

Shares of Nvidia ended down 6%, while Tesla TSLA.O fell 5.6% and Amazon.com AMZN.O dropped 2.3%.

Shares of General Motors GM.N finished down 3.1%, while Ford Motor F.N finished up 0.1%.

Investors also took in the latest economic data including a report showing orders for long-lasting U.S. manufactured goods unexpectedly rose in February as businesses rushed to place orders for primary metals and fabricated metal products ahead of tariffs.

Here is the closing market snapshot:

(Caroline Valetkevitch)

*****

FOR WEDNESDAY'S EARLIER LIVE MARKETS POSTS:

WHAT ARE THE CHANCES OF A RECESSION? - CLICK HERE

ACTUAL U.S. EPS GROWTH SO FAR FOR Q1 REPORTS BELOW AVERAGE - CLICK HERE

DESPITE A SHAKY START, DATATREK STICKING WITH TECH - CLICK HERE

TRUMP'S TARIFF THREAT A SILVER LINING FOR INDIA? - CLICK HERE

HOT AND COLD: DURABLE GOODS, MORTGAGES - CLICK HERE

NASDAQ DOWN MORE THAN 1% EARLY; NVIDIA LEADS WAY LOWER - CLICK HERE

CHINESE BIOTECHS RIDING THE 'DEEPSEEK SENTIMENT' WAVE, MACQUARIE ANALYSTS SAY - CLICK HERE

IF NEW HIGHS ARE IN THE CARDS, NYSE COMPOSITE MIGHT HAVE THE UPPER HAND - CLICK HERE

U.S. EQUITY UNDERPERFORMANCE TO PERSIST THROUGHOUT 2025 SAY JPM - CLICK HERE

NO "NASTY SURPRISES" in CPI FOR REEVES AHEAD OF BUDGET UPDATE - CLICK HERE

DIFFICULT DAYS ARE BACK FOR DOLLAR BEARS - CLICK HERE

DECLINES AS HEALTHCARE AND AUTOS LEADS LOSSES - CLICK HERE

EUROPE BEFORE THE BELL: GAINS AHEAD OF UK BUDGET UPDATE - CLICK HERE

LOOKING TO APRIL 2 WITH TREPIDATION - CLICK HERE