The Business Times
business-time-50

US: Wall Street opens sharply lower on tariff worries

Summarise
google-preferred-sourceAdd BT as a preferred source
Published Mon, Mar 31, 2025 · 09:42 PM
    • The S&P 500 lost 56.93 points, or 1.01 per cent, to 5,524.77, and the Nasdaq Composite lost 277.34 points, or 1.58 per cent, to 17,039.68.
    • The S&P 500 lost 56.93 points, or 1.01 per cent, to 5,524.77, and the Nasdaq Composite lost 277.34 points, or 1.58 per cent, to 17,039.68. PHOTO: AFP

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    [NEW YORK] US stock indexes opened sharply lower on Monday (Mar 31) as investors shied away from risky assets on mounting concerns that the Trump administration’s upcoming announcement of extensive tariff plans could hurt the global economy.

    At 0930 am the Dow Jones Industrial Average fell 290.65 points, or 0.68 per cent, to 41,293.25. The S&P 500 lost 56.93 points, or 1.01 per cent, to 5,524.77, and the Nasdaq Composite lost 277.34 points, or 1.58 per cent, to 17,039.68. 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

    With the move, Ensign InfoSecurity will be reclassified as an associated company of StarHub, rather than a subsidiary.

    StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain

    The yen weakened to a low of 125.33 yen per Singdollar on April 13, before recovering slightly to about 124.91 on April 15.

    Singaporeans can now buy record amount of yen per Singdollar

    Air India has been one of the foreign carriers most affected by the outbreak of hostilities in the Middle East.

    Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss

    Keppel DC Singapore 7 and 8 (above). Portfolio occupancy of the Reit stands at 95.6%, with a reversion of about 51%.

    Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance

    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