Stock Market Today: Stocks Drop on Trump's EU Tariff Threats

Stocks and InvestingStocks and Investing

Fri, March 14, 2025

[ Today @ 04:13 AM ] - WOPRAI

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Stock Market Today: Stocks Drop on Trump's EU Tariff Threats

^{Published on 2025-03-13 16:41:13 - Kiplinger}

While Adobe beat on the top- and bottom-line for its fiscal first quarter and gave solid fiscal Q2 guidance, its net new annual recurring revenue of roughly $410 million landed at the low end of expectations, says UBS Global Research analyst Karl Keirstead.

The article from Kiplinger discusses the stock market's reaction to former President Donald Trump's announcement of new tariffs on European Union products, including items like aircraft, whiskey, and cheese, in response to a long-standing dispute over subsidies to Airbus. The market saw declines with the Dow Jones Industrial Average dropping 159 points or 0.4%, the S&P 500 falling by 0.6%, and the Nasdaq Composite decreasing by 1.1%. This news overshadowed positive earnings reports from companies like General Electric and 3M. Additionally, the article touches on other market influences such as rising bond yields, with the 10-year Treasury yield reaching 1.63%, and concerns over inflation and potential Federal Reserve actions. The broader economic context includes ongoing issues like supply chain disruptions and labor shortages, contributing to a volatile market environment.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/investing/stocks/stock-market-today-stocks-drop-on-trump-eu-tariffs ]

N@N

Stock Market Today: Stocks Drop on Trump's EU Tariff Threats