US Stock Market Reacts to Trade War Fears and Economic Data: S P 500 Down Amid Tariff Threats and Intel CEO Change

The U.S. stock market experienced a downturn on Thursday, influenced by escalating trade war tensions and mixed economic signals. The S&P 500 fell by 0.2% following a volatile period, while the Dow Jones Industrial Average decreased by 39 points (0.1%), and the Nasdaq composite also declined by 0.2%. These movements reflect investor concerns over President Trump's trade policies, including threats of tariffs on European wines and spirits, and their potential impact on economic growth. Economic data released on Thursday offered some reassurance, with reports indicating milder-than-expected wholesale inflation and a decrease in unemployment claims. Intel saw a significant gain, with its stock price jumping 16.7% after appointing Lip-Bu Tan as CEO. Treasury yields edged higher, with the 10-year Treasury yield rising to 4.34%. Global markets also reflected caution, with indexes falling across Europe and Asia. The market's reaction underscores the sensitivity to trade policy and economic indicators, highlighting the challenges of balancing economic growth with trade objectives.