US stocks slip at open ahead of Fed minutes

19/02/2025 Argaam

US stocks fell at today’s opening as investors await the Fed minutes, amid growing fears of a trade war after President Donald Trump threatened to impose tariffs on cars and chips.

 

The Dow Jones Industrial Average went down 0.4%, or 180 points, to 44,375 at 05:38 p.m. Makkah time.

 

The S&P 500 also fell 0.2% to 6,116 pts, and the Nasdaq Composite slipped 0.15%, or 35 points, to 20,006 pts.

 

This negative performance comes after the S&P 500 closed at a record high on Tuesday, despite ongoing concerns about inflation and Trump's protectionist policies.

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