Removal worries: courses on Wall Street continue to fall after new customs threats

According to new customs threats from President Donald Trump, the descent on US exchanges continued. The leading index Dow Jones fell by 1.14 percent to 41,433.48 points. The stock market environment is still shaped by economic worries. On Tuesday, Trump caused new unrest with the announcement that he would increase the tariffs to all steel and aluminum imports from Canada to 50 percent. The willingness of Ukraine on a ceasefire in the war with Russia was only able to support the courses briefly.

For the market -wide S&P 500, it was 0.76 percent down to 5,572.07 points. The Nasdaq 100 dominated by tech values ​​gave up 0.28 percent to 19,376.96 points. He was sagged with 3.8 percent on Monday as it has not been as since 2022.

Above all, the economic and interest -sensitive technology values ​​- in 2024 the big winners on the stock market – have recently come under great pressure. This is also responsible for Trump’s customs policy, which stirs up fears of a recession in the world’s largest economy. Because of its potentially inflation-flating business course, the US Federal Reserve already signaled a cautious gait from the interest reductions hoped for by investors in December.

The “sugar shock” on the stock exchanges after the US elections in November “has turned into an unpleasant hangover because Trump 2.0’s political realities are gradually clear,” commented market observer Benny Adler from the Goldman Sachs investment bank. Experts from Bank JPMorgan still see no entry courses and warn of premature purchases.

For the share of the electric car manufacturer Tesla, after the price decline of more than 15 percent on Monday, it was now 3.79 percent. As a sign of support for Tesla boss Elon Musk, Trump bought a car from the group in front of the White House.

Doubts about consumer expenses

Now bad news was added from the aviation and consumption industry. They increased concern about a significant slowdown with the expenditure of consumers.

The airline Delta forced tight travel budgets to collect the sales forecast. Their shareholders had to cope with a minus of 7.3 percent. American Airlines had predicted that the loss would be about twice as high in the first quarter as expected before. Here the papers dropped by 8.3 percent.

From the consumer area, the sporting goods retailer Dick’s Sporting Goods and the Kohl department store chain presented weak forecasts from the perspective of the Börsians. As a result, the course for these companies fell by 5.7 percent and a good 24 percent.

Verizon shares lost 6.6 percent. The Telekom Group fears weaker growth in the first quarter. Customers had not accepted the recent price increases, and this increased the dismissal rate.