The Nasdaq reforms come into the territory because of the weight of the concerns of the trade war; Tesla sinks 7%

The main index of Wall L Street fell on Tuesday, the leadership of Tech-Heavy Nasdaq declined, as investors feared that the U.S. And the rising trade war between its partners can damage the economy.

The Nasdaq Composite Index is commonly known as a correction area, down 10% from its record high hit hit on December 16.

At 11.38 am, Dow Jones dropped 779.31 points to 42,411.93 (-1.80%), the S&P 500 fell 102.14 points to 5,747.58 (-1.75%), and Nasdaq fell 263.70 (-11.44%).

Financial decreased in 11 sectors of the S&P 500 with a 3% drop. Wall L Street’s largest banks such as City Group and JP Morgan Chase and Co, fell 7.2%and 9.9%, respectively, sent to large banks index below 8.8%.

Nasdaq ingredients like Nvidia and Meta were fell, while Tesla fell 7.68% in February after the sales of automaker China -made electric vehicles fell.

The CBOE market volatility index has risen 2.35 points to touch a two -month high.

The latest trigger for equity US on imports from Mexico and Canada With the tariff, twice the duties on Chinese goods came after applying. Following this, Beijing reacted with additional tariffs on US imports and Canada has taken response to response.

The barrier between countries could increase the two-way annual trade by about $ 2.2 trillion.

Ford and General Motors, which have a wide supply chain in North America, declined 2.7% and 5.9% respectively.

A few minutes after Trump’s tariff announcement, China declined by 2.9% of the Illumina after the import of genetic sequencers from the medical equipment manufacturer.

Larry Tentareli, the chief technical strategist in the Blue Chip Daily Trend Report, said, “It is concerned that (tariff) will put a lot of pressure on the economy and markets overall.”

“The fields that hit the hardest will be the Industrial Dysfunction area may be because it is very cyclic, small caps … and then (very valuable) tech stocks.”

Investors are in prices that surcharge will love inflation pressure, wet demand and eat corporate profits at one time while recent data styles resume the expectations of the gender economy. Domestic-centered small-caps Russell 2000 index fell 2%.

Interest rate futures point to the Federal Reserve that by December, at least three basis point interest rates are higher than two on Monday, as traders may believe the possibility that slow growth could reduce the cost of borrowing to the central bank.

The day after the comment of New York President John Williams, the central bank on monetary policy will be analyzed for the attitude.

U.S. of bullion miners like Sibnay Stylwater The stock rose 1.7%, while the markets track the prices of gold as a safe-haven asset.

The retailer lost 5.5% after predicting a full year’s comparative sales below estimates.

Best by 14% after the electronics retailer issued a downbeat forecast and warned of the impact of the tariff on demand.

The declining issues move by 99.9999 -to -1 on NYSE and 9.93 -1 on Nasdaq by 9.93 -1 ratio.

The S&P 500 has posted a 38 new 52-week height and 37 new low, while 16 new high and 484 new low in the Nasdaq joint.