US Leading Index Falls Further in March After February Decline

Tesla, Inc. (TSLA) is currently at $228.56, down $12.81 or 5.31%

• Would be lowest close since April 8, 2025, when it closed at $221.86
• On pace for largest percent decrease since April 10, 2025, when it fell 7.27%
• Currently down three consecutive days; down 10.05% over this period
• Worst three day stretch since the three days ending April 8, 2025, when it fell 16.99%
• Down 11.81% month-to-date
• Down 43.4% year-to-date
• Down 52.37% from its all-time closing high of $479.86 on Dec. 17, 2024
• Up 60.9% from 52 weeks ago (April 22, 2024), when it closed at $142.05
• Down 52.37% from its 52-week closing high of $479.86 on Dec. 17, 2024
• Up 60.9% from its 52-week closing low of $142.05 on April 22, 2024
• Traded as low as $227.24; lowest intraday level since April 9, 2025, when it hit $223.88
• Down 5.85% at today's intraday low
• Worst performer in the S&P 500 today
• Third most active stock in the S&P 500 today
• Worst performer in the Nasdaq 100 today
• Third most active stock in the Nasdaq 100 today

All data as of 9:50:44 AM ET

Source: Dow Jones Market Data, FactSet

U.S. stocks slid for a fourth consecutive session on Monday, weighed down by escalating trade tensions and renewed worries over the Federal Reserve’s independence—two macro threats that continue to shake investor confidence.

The Dow Jones Industrial Average dropped 500 points, or 1.3 percent, while the S&P 500 declined 1.4 percent. The tech-heavy Nasdaq Composite fared the worst, sliding 1.8 percent.

Also read: Battle of batteries unfolds as Chinese players set new milestones in EV 'rat race'

The risk-off sentiment followed a weekend with no signs of progress on global trade negotiations. Instead, tensions appeared to intensify, with China warning other nations against striking deals with the U.S. that might undermine its interests.

Big tech names took a hit across the board. Tesla sank 5 percent, with chipmakers Nvidia and AMD down 4 percent and 2 percent, respectively. Meta Platforms and Amazon also retreated, each losing around 2 percent.

This sour mood in markets comes on the heels of another rough week for equities. The S&P 500 lost 1.5 percent last week, while the Dow and Nasdaq posted declines of over 2 percent—marking the third weekly drop in the last four.

Read more: FIIs net buyers worth Rs 1,970 crore, DIIs add Rs 246 crore on April 21

Trade concerns have been mounting since early April, when President Donald Trump announced a new wave of tariffs on imports. Since then, the major U.S. indices have tumbled roughly 7 percent.

The pressure doesn’t stop there. The Federal Reserve is increasingly being drawn into the political spotlight. Earlier in the week, Fed Chair Jerome Powell raised flags about how these trade measures might impair the central bank’s ability to manage inflation and support growth.

Meanwhile, the White House’s stance on the Fed is adding fuel to the fire. Trump on Thursday called for an immediate rate cut and hinted at firing Powell. A day later, economic adviser Kevin Hassett said the administration was actively evaluating the legal feasibility of removing the Fed chair.

The U.S. dollar index fell over 1 percent to 98.13, prompting a surge in safe-haven assets. Gold futures soared 2.4 percent to trade above $3,400 per ounce, hitting fresh all-time highs.

Looking ahead, the spotlight now turns to corporate earnings. More than 100 S&P 500 companies are slated to report results this week, including tech heavyweights Alphabet and Tesla, as well as Boeing, a key barometer for the industrial sector.Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

U.S. stocks slid for a fourth consecutive session on Monday, weighed down by escalating trade tensions and renewed worries over the Federal Reserve’s independence—two macro threats that continue to shake investor confidence.

The Dow Jones Industrial Average dropped 500 points, or 1.3 percent, while the S&P 500 declined 1.4 percent. The tech-heavy Nasdaq Composite fared the worst, sliding 1.8 percent.

Also read: Battle of batteries unfolds as Chinese players set new milestones in EV 'rat race'

The risk-off sentiment followed a weekend with no signs of progress on global trade negotiations. Instead, tensions appeared to intensify, with China warning other nations against striking deals with the U.S. that might undermine its interests.

Big tech names took a hit across the board. Tesla sank 5 percent, with chipmakers Nvidia and AMD down 4 percent and 2 percent, respectively. Meta Platforms and Amazon also retreated, each losing around 2 percent.

This sour mood in markets comes on the heels of another rough week for equities. The S&P 500 lost 1.5 percent last week, while the Dow and Nasdaq posted declines of over 2 percent—marking the third weekly drop in the last four.

Read more: FIIs net buyers worth Rs 1,970 crore, DIIs add Rs 246 crore on April 21

Trade concerns have been mounting since early April, when President Donald Trump announced a new wave of tariffs on imports. Since then, the major U.S. indices have tumbled roughly 7 percent.

The pressure doesn’t stop there. The Federal Reserve is increasingly being drawn into the political spotlight. Earlier in the week, Fed Chair Jerome Powell raised flags about how these trade measures might impair the central bank’s ability to manage inflation and support growth.

Meanwhile, the White House’s stance on the Fed is adding fuel to the fire. Trump on Thursday called for an immediate rate cut and hinted at firing Powell. A day later, economic adviser Kevin Hassett said the administration was actively evaluating the legal feasibility of removing the Fed chair.

The U.S. dollar index fell over 1 percent to 98.13, prompting a surge in safe-haven assets. Gold futures soared 2.4 percent to trade above $3,400 per ounce, hitting fresh all-time highs.

Looking ahead, the spotlight now turns to corporate earnings. More than 100 S&P 500 companies are slated to report results this week, including tech heavyweights Alphabet and Tesla, as well as Boeing, a key barometer for the industrial sector.Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

In New York, the Dow Jones Index is falling 571 points.

Losses were driven by Nvidia (-4.19%), UnitedHealth (-4.08%) and Salesforce (-3.50%).

The S&P/TSX Composite Index fell around 0.3% to below the 24,150 mark on Monday, as investors returned from holiday to intensifying trade frictions and renewed doubts over the Federal Reserve’s independence.

Energy names led the retreat—Canadian Natural, Suncor, Imperial Oil and Cenovus each dropped between 1.5% and 2.9% in line with softer oil prices—while technology stocks such as Shopify, Constellation Software and Celestica fell 0.8% to 2.5%.

Sentiment was further dampened by Beijing’s accusation that Washington is abusing tariffs and reports that the U.S. administration is pressing trading partners to limit commerce with China, the world’s second-largest economy.

Risk appetite also weakened after President Donald Trump publicly criticized Fed Chair Jerome Powell and White House adviser Kevin Hassett revealed the administration is weighing whether it could remove him—moves widely seen as undermining central-bank autonomy.