{"id":5050,"date":"2026-02-23T15:37:54","date_gmt":"2026-02-23T15:37:54","guid":{"rendered":"https:\/\/ventil.rs\/blog\/business\/us-stocks-today-wall-street-falls-as-trump-ramps-up-tariffs-dow-drops-over-600-points-the-times-of-india\/"},"modified":"2026-02-23T15:37:54","modified_gmt":"2026-02-23T15:37:54","slug":"us-stocks-today-wall-street-falls-as-trump-ramps-up-tariffs-dow-drops-over-600-points-the-times-of-india","status":"publish","type":"post","link":"https:\/\/ventil.rs\/blog\/business\/us-stocks-today-wall-street-falls-as-trump-ramps-up-tariffs-dow-drops-over-600-points-the-times-of-india\/","title":{"rendered":"US stocks today: Wall Street falls as Trump ramps up tariffs; Dow drops over 600 points &#8211; The Times of India"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"MwN2O\">\n<div class=\"vdo_embedd\">\n<div class=\"T22zO\">\n<section class=\"D3Wk1  clearfix id-r-component leadmedia undefined undefined  VtlfQ\" style=\"top:0px\">\n<div class=\"D3Wk1\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"zPaFh\">\n<div class=\"wJnIp\"><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>US stocks moved lower as investors reacted to President Donald Trump\u2019s decision to increase global tariffs, though market swings remained far milder than the sharp volatility witnessed during last year\u2019s tariff-driven sell-off.<span class=\"id-r-component br\" data-pos=\"2\"\/>The S&amp;P 500 declined 0.7%, while the Dow Jones Industrial Average dropped 618 points, or 1.2%, and the Nasdaq Composite slipped 0.7% in morning trade, as Wall Street assessed the implications of renewed trade tensions, AP reported.<span class=\"id-r-component br\" data-pos=\"4\"\/>The weakness followed Trump\u2019s announcement that temporary global tariffs would be raised to 15%, up from the 10% rate unveiled earlier after the US Supreme Court struck down sweeping \u201creciprocal\u201d tariffs imposed under emergency powers. <!-- -->The move underscored continuing uncertainty over the direction of US trade policy.<span class=\"id-r-component br\" data-pos=\"9\"\/>Investors remained cautious as the administration signalled it could explore alternative legal routes to impose more permanent tariffs, raising concerns among global trading partners. South Korea\u2019s trade minister Kim Jung-kwan warned that uncertainty could intensify if new duties were introduced through other laws.<span class=\"id-r-component br\" data-pos=\"11\"\/>Despite the decline, market reactions were relatively contained compared with the sharp turmoil seen when Trump first announced wide-ranging tariffs last year, suggesting investors expect prolonged negotiations and legal battles before clarity emerges.<span class=\"id-r-component br\" data-pos=\"14\"\/>\u201cStocks got a boost Friday from the Supreme Court\u2019s tariff ruling, but it quickly became clear that the decision was simply going to open a new chapter in the trade saga, not end it,\u201d said Chris Larkin, managing director, trading and investing, at E-Trade from Morgan Stanley, AP quoted.<span class=\"id-r-component br\" data-pos=\"16\"\/>The United States intends to honour existing trade agreements and expects partners to do the same, US Trade Representative Jamieson Greer said in a CBS News interview.<span class=\"id-r-component br\" data-pos=\"19\"\/>Across asset classes, the US dollar edged lower against major currencies, while gold prices advanced as investors sought safer assets amid policy uncertainty. Bitcoin briefly fell below $65,000 before recovering above $66,000.<span class=\"id-r-component br\" data-pos=\"21\"\/>Sectorally, airline stocks declined after severe weather disrupted travel across the US Northeast. United Airlines fell 4.7%, American Airlines dropped 4.3%, and Delta Air Lines lost 4.1%.<span class=\"id-r-component br\" data-pos=\"24\"\/>Healthcare stocks saw sharp divergence after Novo Nordisk\u2019s US-listed shares tumbled 15.1% following trial results showing lower-than-expected weight loss for its CagriSema drug, while rival Eli Lilly gained 3.4%.<span class=\"id-r-component br\" data-pos=\"26\"\/>Domino\u2019s Pizza rose 3.2% after reporting strong same-store sales and projecting further market-share expansion in 2026.<span class=\"id-r-component br\" data-pos=\"28\"\/>Global markets showed mixed trends. Germany\u2019s DAX slipped 0.6%, while France\u2019s CAC 40 edged up 0.1%. <!-- -->In Asia, Hong Kong\u2019s Hang Seng climbed 2.5% and South Korea\u2019s Kospi rose 0.6%, while markets in Japan and mainland China remained closed for holidays.<span class=\"id-r-component br\" data-pos=\"32\"\/>In bond markets, the yield on the 10-year US Treasury eased to 4.05% from 4.08% late Friday. Meanwhile, Federal Reserve Governor Christopher Waller indicated the central bank could skip a rate cut at its next meeting following strong job gains, marking a shift from his earlier stance supporting easier policy.<span class=\"id-r-component br\" data-pos=\"34\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/international-business\/us-stocks-today-wall-street-falls-as-trump-ramps-up-tariffs-dow-drops-over-600-points\/articleshow\/128720536.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US stocks moved lower as investors reacted to President Donald Trump\u2019s decision to increase global tariffs, though market swings remained far milder than the sharp volatility witnessed during last year\u2019s tariff-driven sell-off.The S&amp;P 500 declined 0.7%, while the Dow Jones Industrial Average dropped 618 points, or 1.2%, and the Nasdaq Composite slipped 0.7% in morning&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/ventil.rs\/blog\/business\/us-stocks-today-wall-street-falls-as-trump-ramps-up-tariffs-dow-drops-over-600-points-the-times-of-india\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;US stocks today: Wall Street falls as Trump ramps up tariffs; Dow drops over 600 points &#8211; The Times of India&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":5051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/static.toiimg.com\/thumb\/msid-128720525,width-1280,height-720,imgsize-1164222,resizemode-6,overlay-toi_sw,pt-32,y_pad-600\/photo.jpg","fifu_image_alt":"","footnotes":""},"categories":[3],"tags":[3980,2468,2467,985,511],"class_list":["post-5050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-dow-jones-industrial-average","tag-trade-tensions","tag-trump-tariffs","tag-us-stocks","tag-wall-street"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.8 (Yoast SEO v22.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US stocks today: Wall Street falls as Trump ramps up tariffs; Dow drops over 600 points - The Times of India - Breaking News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ventil.rs\/blog\/business\/us-stocks-today-wall-street-falls-as-trump-ramps-up-tariffs-dow-drops-over-600-points-the-times-of-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US stocks today: Wall Street falls as Trump ramps up tariffs; 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