Stock market today: Dow, S&P 500, Nasdaq fall to extend crushing sell-off

1 month ago 24

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Tue, Mar 11, 2025, 6:58 AM 2 min read

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The Nasdaq attempted to signifier a comeback aboriginal Tuesday connected the heels of different brutal sell-off for stocks arsenic capitalist fears implicit economical maturation deepened successful the lead-up to cardinal ostentation reports.

The S&P 500 (^GSPC) bounced astir successful aboriginal commercialized but fell conscionable implicit 0.1% soon aft the opening bell. The Dow Jones Industrial Average (^DJI) dropped astir 0.7%, dragged down by shares of Verizon (VZ).

The tech-heavy Nasdaq Composite (^IXIC) remained the sole scale successful the green, rising astir 0.5%.

On Monday, the 3 large indexes built connected losses from the erstwhile week, with the Nasdaq falling 4% to log its worst regular nonaccomplishment since 2022 arsenic the "Magnificent Seven" megacaps faltered. But shares successful Tesla (TSLA) rebounded successful aboriginal commercialized aft a amusement of enactment from President Donald Trump.

The temper connected Wall Street has grown progressively foreboding arsenic investors gauge the chances of stagflation, amid heavy cuts to firms' economical forecasts and an upending successful the markets' reasoning connected economical growth.

That has enactment the absorption connected 2 cardinal ostentation reports aboriginal this week, February's Consumer Price Index (CPI) people owed Wednesday and the Producer Price Index (PPI) for the aforesaid period connected Thursday. Later connected Tuesday, the January JOLTS speechmaking connected occupation openings should shed airy connected likelihood of interest-rate cuts.

Meanwhile, Trump is pressing connected with his fast-moving commercialized war, undeterred by concerns implicit the wellness of the US economy. A 25% tariff connected each imports of alloy and aluminum into the US from each countries is acceptable to statesman connected Wednesday.

Read more: The latest connected Trump's tariff plans

On the firm front, Delta Airlines (DAL) banal slid aft the bearer chopped its outlook for the existent 4th precocious Monday, citing "macro uncertainty." Peers Southwest (LUV) and American Airlines (AAL) besides flagged headwinds connected Tuesday, reflecting economical pressures connected firm performance.

LIVE 10 updates

  • Alexandra Canal

    US stocks widen sell-off

    US stocks opened little connected Tuesday, extending the anterior session's brutal sell-off arsenic fears escalated implicit the wellness of the US economy.

    The Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC) each fell astir 0.2%, losing clasp of tiny gains earlier successful premarket trading. The tech-heavy Nasdaq Composite (^IXIC) dropped astir 0.1% aft logging its worst regular nonaccomplishment since 2022.

  • Kohl's banal sinks successful aftermath of gloomy outlook

    Kohl's (KSS) enactment retired a downbeat 2025 outlook this morning, driving a 16% tumble successful shares earlier the bell.

    The section store forecast nett beneath Wall Street estimates, and it present sees a deeper driblet successful income than expected.

    Kohl's present sees net per stock of betwixt $0.10-$0.60, versus the $1.23 anticipated. Comparable income are expected to autumn 4% to 6%, compared with the 0.9% expected.

    The gloomy presumption is conscionable the latest motion that retailers are nether unit arsenic American shoppers acrophobic astir ostentation and a commercialized warfare take to walk carefully.

  • Tesla banal rises, heads for rebound from heavy sell-off

    Tesla's (TSLA) banal is gearing up for a comeback — again.

    The EV maker's shares roseate implicit 2% successful premarket trading, having fallen a whopping 15% to pb broader banal losses successful Monday's washout. One imaginable explanation? President Trump's committedness to "buy a marque caller Tesla" arsenic a amusement of enactment for CEO Elon Musk.

    But arsenic Yahoo Finance's Hamza Shaban notes, Tesla's banal has shaken disconnected unit many, galore times before. He reports:

    Read much successful Morning Brief here.

  • European stocks are the hottest commercialized connected Wall Street arsenic investors crook distant from US 'exceptionalism'

    Yahoo Finance's Ines Ferré reports:

    Read much here.

  • Airline stocks stumble aft Delta cuts outlook, citing 'macro uncertainty'

    Airline stocks sank successful premarket trading Tuesday aft Delta Air Lines (DAL) chopped its outlook for the existent quarter, citing softening home request amid "macro uncertainty."

    Delta banal fell 7%, portion United Airlines declined 4.5%, and American Airlines (AAL) dropped 3% arsenic concerns swirled astir a user slowdown.

    In a merchandise connected Monday, Delta revised its gross maturation to 3%-4% for the archetypal quarter, down from 7%-9% antecedently forecast, Yahoo Finance's Josh Schafer reported. Profits are besides expected to instrumentality a hit, with net per stock expected to beryllium successful a scope of $0.30-$0.50 successful the archetypal quarter, down from $0.70-$1.00 previously.

    Then, connected Tuesday, American forecast a bigger archetypal 4th loss, arsenic tariff pressures and authorities spending uncertainty weighed connected the outlook for question demand.

    Southwest (LUV) besides chopped its gross maturation forecast, though shares roseate aft the fund bearer announced it would statesman charging for immoderate checked bags successful an effort to boost earnings. The argumentation displacement hinted astatine the increasing power of activistic capitalist Elliott Management astatine the institution arsenic it pushes to revamp Southwest's concern model.

  • Brian Sozzi

    Something to watch: DOGE ripples

    An aboriginal inclination to telephone retired arsenic we get acceptable for net play successful a fewer weeks: the DOGE interaction connected firm America.

    Southwest (LUV) mentioned "less authorities travel" successful its income informing today. Delta (DAL) CEO Ed Bastian somewhat hinted astatine an interaction successful a TV interrogation pursuing its ain income informing precocious connected Monday.

    HPE (HPE) CEO Antonio Neri tells maine helium is monitoring the imaginable interaction of DOGE — which for his institution would travel successful the signifier of less server orders.

  • Jenny McCall

    Good morning. Here's what's happening today.

  • Wall Street's 2025 forecasts are falling isolated for 1 elemental reason

    Yahoo Finance's Josh Schafer reports:

    Read much here.

  • Jenny McCall

    Gold rebounds arsenic investors measurement US outlook, tariff concerns

    Gold (GC=F) roseate past $2,900 an ounce arsenic Wall Street's sell-off eased, though capitalist concerns implicit the US system persisted.

    Bloomberg News reports:

    Read much here

  • Myles Udland

    In the 2nd Trump administration, the Vice President talks to the banal market

    President Donald Trump has taken a antithetic attack to the banal marketplace during his 2nd word successful office.

    Namely: helium appears to person outsourced the responsibility.

    And aft a crisp sell-off crossed the banal marketplace connected Monday saw post-election gains crossed the large indexes and respective cardinal tech stocks that person powered the marketplace wiped out, it was not the president, but alternatively the vice president that appeared to bash the talking to investors.

    In a station connected X, the societal media level owned by Elon Musk, a cardinal subordinate of Trump's administration, Vice President JD Vance said companies that physique successful the US volition beryllium rewarded; for companies gathering extracurricular the US, "you're connected your own."

    Last week, the president said, "I'm not adjacent looking astatine the market" arsenic the rollout of his tariff argumentation shook capitalist confidence.

    Unlike his archetypal word successful office, Trump has besides not spoken explicitly astir the Federal Reserve and his presumption connected policy. (Last clip around, Trump repeatedly called for little rates.)

    Instead, Treasury Secretary Scott Bessent has repeatedly expressed a presumption that Treasury yields should beryllium little amid Trump's propulsion to cleanable up the national fund and rein successful spending crossed the government.

    Given the velocity and extent of the market's sell-off since hitting grounds highs connected Feb. 19, however, we'll spot however agelong the president tin clasp this caller line.


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