The Business Times
business-time-50

US: Wall St opens lower as Trump's auto tariffs sap sentiment

Summarise
Published Thu, Mar 27, 2025 · 09:44 PM
    • The S&P 500 lost 16.77 points, or 0.30 per cent, to 5,695.16 and the Nasdaq Composite lost 67.55 points, or 0.38 per cent, to 17,831.47.
    • The S&P 500 lost 16.77 points, or 0.30 per cent, to 5,695.16 and the Nasdaq Composite lost 67.55 points, or 0.38 per cent, to 17,831.47. PHOTO: REUTERS

    [NEW YORK] Wall Street’s main indexes opened lower on Thursday (Mar 27), as President Donald Trump’s latest tariff gambit sent auto stocks into a tailspin, while investors sifted through a slew of economic indicators.

    At 9.30 am ET, the Dow Jones Industrial Average fell 110.22 points, or 0.26 per cent, to 42,344.57.

    The S&P 500 lost 16.77 points, or 0.30 per cent, to 5,695.16 and the Nasdaq Composite lost 67.55 points, or 0.38 per cent, to 17,831.47. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Dow JonesS&P 500Nasdaq

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    From left: Pham Nhat Quan Anh, Pham Nhat Vuong, Pham Thu Huong and Pham Nhat Minh Hoang. The couple (centre) remain senior figures in Vingroup, with their children’s presence in the ecosystem growing.

    He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons

    Asian investors continue to allocate capital to global markets, while maintaining significant exposure to US assets. 

    Despite the de-dollarisation debate, demand for dollar liquidity in Asia is growing

    Buying a new EC unit can be a cost-effective way to get into private homeownership.

    Can a first-time homebuyer couple earning S$18,000 a month afford a new EC unit?

    The Golden Violet oil tanker docked at a PT Pertamina facility in Tanjung Priok Port in Jakarta, Indonesia. Asia’s new energy security architecture should have a support mechanism to help Asian countries build emergency oil reserves through financing and technical assistance.

    Asia needs new energy security architecture

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More