Nifty Trader - V2R Ventures
Nifty Trader - V2R Ventures
February 8, 2025 at 08:47 AM
*Wall Street Closes Lower Amid Trade War Escalation and Weak Economic Data* On February 7, all three major U.S. stock indexes—Dow, S&P 500, and Nasdaq—closed lower, with the Dow dropping by 0.99%, S&P 0.95%, and Nasdaq 1.36%. The decline followed news from President Donald Trump, who revealed plans to impose reciprocal tariffs on many countries. Trump's announcement came after weaker-than-expected data on nonfarm payrolls (143,000 in January) and consumer sentiment. Trump did not specify which countries would be affected but suggested it would be a broad effort, possibly addressing U.S. budget issues. ⬇️⬇️⬇️ Visit now: https://surl.li/fhafgk 💬 With weak jobs data, do you expect Wall Street to face more pressure in the coming weeks? 👍 Yes 👎 No

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