Nasdaq confirms correction amid US trade policy uncertainty

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NEW YORK: Wall Street stocks finished lower on Thursday (Mar 6), with the Nasdaq confirming it has been in a correction since December, weighed down by market jitters over the current uncertainty surrounding US trade policy.

"The uncertainty created by rapidly shifting policy pronouncements can damage investment in particular and hurt the economy," said Bill Sterling, global strategist at GW&K Investment Management.

The S&P 500 briefly fell below its 200-day moving average during the session, a technical support level which could signal further declines if it significantly breaks under.

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Category: EconomyBusiness

Markets: SingaporeCanadaMexico

Topics: Points Nasdaq York Finished Investment Data Tariffs Fell Cent Lower

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Article Type: News Report

Published On: 2025-03-07 @ 06:51:06 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

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