{"id":48968,"date":"2025-03-03T19:01:49","date_gmt":"2025-03-03T19:01:49","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-recap-stocks-retreat-amid-tariff-concerns-and-geopolitical-tensions\/48968\/"},"modified":"2025-03-03T19:01:49","modified_gmt":"2025-03-03T19:01:49","slug":"market-recap-stocks-retreat-amid-tariff-concerns-and-geopolitical-tensions","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-recap-stocks-retreat-amid-tariff-concerns-and-geopolitical-tensions\/48968\/","title":{"rendered":"Market Recap: Stocks Retreat Amid Tariff Concerns and Geopolitical Tensions"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-recap-stocks-retreat-amid-tariff-concerns-and-geopolitical-tensions\/48968\/#Major_Indexes_Close_Lower_as_Tariff_Deadline_Looms\" >Major Indexes Close Lower as Tariff Deadline Looms<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-recap-stocks-retreat-amid-tariff-concerns-and-geopolitical-tensions\/48968\/#Tariff_Concerns_Weigh_on_Market_Sentiment\" >Tariff Concerns Weigh on Market Sentiment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-recap-stocks-retreat-amid-tariff-concerns-and-geopolitical-tensions\/48968\/#Geopolitical_Tensions_Add_to_Market_Woes\" >Geopolitical Tensions Add to Market Woes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-recap-stocks-retreat-amid-tariff-concerns-and-geopolitical-tensions\/48968\/#Sector_Performance_and_Notable_Stocks\" >Sector Performance and Notable Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-recap-stocks-retreat-amid-tariff-concerns-and-geopolitical-tensions\/48968\/#Cryptocurrency_Surge_on_Trumps_Strategic_Reserve_Plan\" >Cryptocurrency Surge on Trump&#8217;s Strategic Reserve Plan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-recap-stocks-retreat-amid-tariff-concerns-and-geopolitical-tensions\/48968\/#Looking_Ahead_Key_Events_to_Watch\" >Looking Ahead: Key Events to Watch<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Major_Indexes_Close_Lower_as_Tariff_Deadline_Looms\"><\/span>Major Indexes Close Lower as Tariff Deadline Looms<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On Monday, March 3, 2025, U.S. stock markets retreated, extending February&#8217;s losses as investors grappled with looming tariff deadlines and geopolitical tensions. The <b><a href=\"https:\/\/stockmarketwatch.com\/markets\/sp500\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a> fell 0.9% to 5,949.46<\/b>, while the <b><a href=\"https:\/\/stockmarketwatch.com\/markets\/dowjones\/today.aspx\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average dropped 383 points, or 0.9%, to 43,872.32<\/b>. The <b>tech-heavy Nasdaq Composite experienced the steepest decline, sliding 1.3% to 18,793.68<\/b>.<cscitation citation_id=\"task_2__3\"><\/cscitation><\/p>\n<p>These moves come on the heels of a disappointing February, where the Dow and S&#038;P 500 each slipped more than 1%, and the Nasdaq Composite recorded its worst month since April 2024 with a pullback of 4%.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tariff_Concerns_Weigh_on_Market_Sentiment\"><\/span>Tariff Concerns Weigh on Market Sentiment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The market&#8217;s rocky start to the new trading month is largely attributed to President Donald <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a>&#8217;s plans to impose import duties on key U.S. trading partners this week. Commerce Secretary Howard Lutnick stated on Sunday that the exact tariff to be levied against Mexico and Canada starting Tuesday is still &#8220;fluid,&#8221; while an additional 10% duty on Chinese imports is &#8220;set.&#8221;<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<p>These policy proposals have rattled investors and stirred up market volatility, as traders worry about their potential to reignite inflation and impact global trade. The uncertainty surrounding the implementation of these tariffs has created a cautious atmosphere in the market.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Geopolitical_Tensions_Add_to_Market_Woes\"><\/span>Geopolitical Tensions Add to Market Woes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Adding to the market&#8217;s concerns, a diplomatic incident occurred during a meeting between President <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a> and Ukrainian President Volodymyr Zelenskiy at the White House. The two leaders engaged in a verbal clash before the world&#8217;s media, and Zelenskiy left without signing a much-anticipated agreement on joint natural resource development.<cscitation citation_id=\"task_2__1\"><\/cscitation><\/p>\n<p>This incident has raised concerns about the future of U.S.-Ukraine relations and its potential impact on ongoing geopolitical conflicts in the region. Market participants are wary of how these tensions might affect the U.S. economy, which is already grappling with persistent inflation and signs of weakness.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_Performance_and_Notable_Stocks\"><\/span>Sector Performance and Notable Stocks<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Despite the overall market decline, some sectors and individual stocks managed to buck the trend:<\/p>\n<p>1. <b>Defense stocks surged<\/b> following European leaders&#8217; agreement to draft a Ukraine peace plan and acknowledgment of the need for increased defense spending. Shares of companies like Rheinmetall, Leonardo, and BAE Systems (BAES.L) saw gains of 11% to 15%.<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<p>2. <b>Nvidia (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NVDA\">NVDA<\/a>)<\/b> experienced a significant drop of more than 7%, contributing to the Nasdaq&#8217;s underperformance. This decline came after reports that Chinese buyers are circumventing U.S. export controls to order the company&#8217;s Blackwell chips.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<p>3. <b>Intel (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=INTC\">INTC<\/a>)<\/b> saw its shares rise more than 2% following reports that chipmakers Nvidia and Broadcom are running manufacturing tests with the company.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<p>4. <b>Chinese automakers<\/b> listed in the U.S. faced pressure, with Xpeng down more than 4%, Nio dropping more than 5%, and Li Auto (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=LI\">LI<\/a>) plunging more than 10% following their latest delivery reports.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cryptocurrency_Surge_on_Trumps_Strategic_Reserve_Plan\"><\/span>Cryptocurrency Surge on Trump&#8217;s Strategic Reserve Plan<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a surprising turn of events, <b>Bitcoin surged by as much as 20%<\/b> from last week&#8217;s lows after President Trump announced plans for a new U.S. strategic cryptocurrency reserve. The reserve is expected to include Bitcoin, Ether, XRP, Solana, and Cardano, although details on its implementation remain scarce.<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Looking_Ahead_Key_Events_to_Watch\"><\/span>Looking Ahead: Key Events to Watch<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As the week progresses, investors will be closely monitoring several important events:<\/p>\n<p>1. The implementation of tariffs on Canada and Mexico, scheduled for Tuesday, March 4.<br \/>2. The opening of China&#8217;s National People&#8217;s Congress on Wednesday, where stimulus measures and possible reprisals against the United States could be announced.<br \/>3. The European Central Bank meeting on Thursday, with expectations of an interest rate cut.<br \/>4. The January U.S. payrolls report, due on Friday, which will provide crucial insights into the state of the labor market.<br \/>5. Federal Reserve Chair Jerome Powell&#8217;s speech, scheduled shortly after the jobs report on Friday.<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<p>As market volatility persists, investors remain cautious, balancing concerns over trade policies, geopolitical tensions, and economic indicators. The coming days will be critical in shaping market sentiment and potentially setting the tone for the remainder of the month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major Indexes Close Lower as Tariff Deadline Looms On Monday, March 3, 2025, U.S. stock markets retreated, extending February&#8217;s losses [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[94],"tags":[31,633,4115],"class_list":["post-48968","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","tag-intc","tag-nvda","tag-li"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/48968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=48968"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/48968\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=48968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=48968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=48968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}