| Name | Daily Close | Daily Change | Daily Change (%) |
|---|---|---|---|
| Dow | 44,556.04 | 134.13 | 0.30% |
| S&P 500 | 6,037.88 | 43.31 | 0.72% |
| Nasdaq | 19,654.02 | 262.06 | 1.35% |
| VIX | 17.21 | -1.41 | -7.57% |
| Gold | 2,873.10 | -2.7 | -0.09% |
| Oil | 72.67 | -0.03 | -0.04% |
US MARKET
US stocks ended lower. The DJIA fell 0.8% to 44,544.66, the S&P 500 dropped 0.5% to 6,040.53, and the Nasdaq slid 0.3% to 19,627.44. The largest losses were concentrated in the small-cap value corner of the style box, which fell 2.34% at the open but pared back those losses to about 1.00%. Large-value stocks broke even by mid-morning.
Investors digested new developments surrounding US President Donald Trump’s imposition of tariffs on Canada, Mexico, and China.
Among S&P 500 companies, the top three gainers were Franklin Resources Inc, surging 10.42%, Eastman Chemical Co jumped 7.55%, and Vertex Pharmaceuticals Inc lifted 5.33%.
The biggest decliners were Deckers Outdoor Corp which dropped 20.51%, Walgreens Boots Alliance Inc fell 10.30%, and ResMed Inc lost 8.33%.
AUSTRALIAN EQUITY MARKET WRAP
The Australian dollar weakened to 61 U.S. cents, lowest level since the pandemic, as investors shifted away from assets like gold and cryptocurrencies in favour of cash holdings.