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USA-Stocks/Decline
Beijing, China - Feb 4, 2025 (CCTV - No access Chinese mainland)
1. Screen shot of Dow Jones index
2. Screen shot of S and P 500 index
3. Screen shot of NASDAQ index
FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
4. New York Stock Exchange building
FILE: New York City, USA - April 22, 2020 (CCTV - No access Chinese mainland)
5. Statue, U.S. national flags, New York Stock Exchange
FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
6. New York Stock Exchange building
FILE: New York City, USA - April 22, 2020 (CCTV - No access Chinese mainland)
7. Nasdaq Market site
FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
8. Street, pedestrians
9. Nasdaq building at Times Square
FILE: New York City, USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
10. Various of buildings, traffic, pedestrians
FILE: San Francisco, USA - 2024 (CGTN - No access Chinese mainland)
11. Shops, pedestrians
FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
12. Various of people in shopping street
U.S. stocks ended lower on Monday, as investors reacted to the Donald Trump administration's planned tariff rollout.
The Dow Jones Industrial Average fell 122.75 points, or 0.28 percent, to 44,421.91. The S and P 500 sank 45.96 points, or 0.76 percent, to 5,994.57. The Nasdaq Composite Index shed 235.49 points, or 1.20 percent, to 19,391.96.
Six of the 11 primary S and P 500 sectors ended in red, with technology and consumer discretionary leading the laggards by losing 1.80 percent and 1.35 percent, respectively. Meanwhile, consumer staples and utilities led the gainers by going up 0.68 percent and 0.46 percent, respectively.
The tariffs, originally set to take effect Tuesday, include 25 percent duties on goods from Canada and Mexico and 10 percent on Chinese imports, with Canadian energy imports facing a reduced 10 percent rate.
After a Monday morning call with Mexico's President Claudia Sheinbaum, Trump agreed to postpone tariffs on Mexican imports for a month following Sheinbaum's commitment to deploying troops at the border to curb fentanyl trafficking and illegal immigration.
Later on Monday, Trump said the tariffs on Canada announced on Saturday "will be paused for a 30 day period" to see whether or not a final economic deal with Canada can be structured.
U.S. major indexes narrowed losses in the morning session thanks to the latest development.
USA-Stocks/Decline
Dateline : Feb 4/3, 2025/File
Location : United States
Duration : 0'55
Beijing, China - Feb 4, 2025 (CCTV - No access Chinese mainland)
1. Screen shot of Dow Jones index
2. Screen shot of S and P 500 index
3. Screen shot of NASDAQ index
FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
4. New York Stock Exchange building
FILE: New York City, USA - April 22, 2020 (CCTV - No access Chinese mainland)
5. Statue, U.S. national flags, New York Stock Exchange
FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
6. New York Stock Exchange building
FILE: New York City, USA - April 22, 2020 (CCTV - No access Chinese mainland)
7. Nasdaq Market site
FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
8. Street, pedestrians
9. Nasdaq building at Times Square
FILE: New York City, USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
10. Various of buildings, traffic, pedestrians
FILE: San Francisco, USA - 2024 (CGTN - No access Chinese mainland)
11. Shops, pedestrians
FILE: New York City, USA - Date Unknown (CGTN - No access Chinese mainland)
12. Various of people in shopping street
U.S. stocks ended lower on Monday, as investors reacted to the Donald Trump administration's planned tariff rollout.
The Dow Jones Industrial Average fell 122.75 points, or 0.28 percent, to 44,421.91. The S and P 500 sank 45.96 points, or 0.76 percent, to 5,994.57. The Nasdaq Composite Index shed 235.49 points, or 1.20 percent, to 19,391.96.
Six of the 11 primary S and P 500 sectors ended in red, with technology and consumer discretionary leading the laggards by losing 1.80 percent and 1.35 percent, respectively. Meanwhile, consumer staples and utilities led the gainers by going up 0.68 percent and 0.46 percent, respectively.
The tariffs, originally set to take effect Tuesday, include 25 percent duties on goods from Canada and Mexico and 10 percent on Chinese imports, with Canadian energy imports facing a reduced 10 percent rate.
After a Monday morning call with Mexico's President Claudia Sheinbaum, Trump agreed to postpone tariffs on Mexican imports for a month following Sheinbaum's commitment to deploying troops at the border to curb fentanyl trafficking and illegal immigration.
Later on Monday, Trump said the tariffs on Canada announced on Saturday "will be paused for a 30 day period" to see whether or not a final economic deal with Canada can be structured.
U.S. major indexes narrowed losses in the morning session thanks to the latest development.
ID : 8414774
Published : 2025-02-04 10:49
Last Modified : 2025-02-04 17:56:50
Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : No access Chinese mainland
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