Market Uncertainty Rises as Tariffs Approach

On Thursday, United States markets closed with mixed results, as investors grappled with the impending impact of new tariffs set to take effect at midnight. President Donald Trump confidently predicted that the US would gain billions from these tariffs, including a new 100% tariff on chips, adding to the market's uncertainty.

Market Performance Overview

The Dow Jones Industrial Average fell by 0.51%, or 244 points, at the close, with Salesforce seeing a significant drop of 3.33%. In contrast, the Nasdaq 100 gained 0.32%, with Applovin leading as the best performer by increasing 11.97%. The S&P 500 remained flat, showing no significant movement.

Currency Exchange Rates

The euro remained steady against the dollar, trading at 1.16551 at 4:58 pm ET.