{"id":17272,"date":"2025-03-11T18:01:32","date_gmt":"2025-03-11T18:01:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17272"},"modified":"2025-03-11T18:01:32","modified_gmt":"2025-03-11T18:01:32","slug":"wall-street-drop-deepens-as-trade-war-fears-escalate-sp-500-hits-7-month-lows-whats-driving-markets-tuesday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17272","title":{"rendered":"Wall Street Drop Deepens As Trade War Fears Escalate, S&amp;P 500 Hits 7-Month Lows: What&#8217;s Driving Markets Tuesday?"},"content":{"rendered":"<div>\n<p>Wall Street&#8217;s losing streak extended into Tuesday, with stocks deepening their slump as continued trade war fears rattled investor sentiment. <\/p>\n<p>The<strong> Nasdaq 100 <\/strong>slipped 0.6% by midday trading in New York after suffering on Monday its worst single-day drop since September 2022<a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/25\/03\/44255030\/nasdaq-100-trades-below-its-200-day-moving-average-history-says-you-should-buy-the-dip-now\"> in the prior session. <\/a><\/p>\n<p>The broader <strong>S&amp;P 500<\/strong> slid to a seven-month low, amplifying concerns over the market&#8217;s near-term trajectory.<\/p>\n<p>The proportion of S&amp;P 500 stocks trading above their 200-day moving average has now shrunk to 44%, the lowest since November 2023. Each sector traded in the red, highlighting broad-based market weakness. <\/p>\n<p>The <strong>Dow Jones Industrial Average <\/strong>was the biggest underperformer on Tuesday, with industrial stocks bearing the brunt of escalating trade tensions.<\/p>\n<p>On Tuesday, President <strong>Donald Trump<\/strong> escalated trade tensions by raising tariffs on Canadian steel and aluminum imports to 50%, responding to Ontario&#8217;s move to levy a 25% tariff on <a href=\"https:\/\/www.benzinga.com\/news\/25\/03\/44253100\/trump-slaps-50-tariff-on-canadian-steel-aluminum-threatens-auto-industry\">electricity exports to the U.S. <\/a><\/p>\n<p>In a Truth Social post, Trump announced he had instructed the Commerce secretary to enforce the additional 25% tariff, which will take effect Wednesday morning.<\/p>\n<p>On the <strong>macroeconomic<\/strong> front, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/25\/03\/44258002\/wall-street-drop-deepens-as-trade-war-fears-escalate-sp-500-hits-7-month-lows-wha\" alt=\"Wall\" street drop deepens as trade war fears escalate s hits lows: what driving markets tuesday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street&#8217;s losing streak extended into Tuesday, with stocks deepening their slump as continued trade war fears rattled investor sentiment. The Nasdaq 100 slipped 0.6% by midday trading in New York after suffering on Monday its worst single-day drop since September 2022 in the prior session. The broader S&amp;P 500 slid to a seven-month low, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-17272","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17272"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17272\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}