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Dow, S&P 500, Nasdaq slide after jobs data amid signs of tariff relief

Data released Wednesday showed activity in the services sector increased in February. The Institute for Supply Management's services index registered at 53.5 in February, up from January's 52.8 reading and above the 52.5 economists had expected. Readings above 50 indicate an expansion in activity, while those below 50 reflect a contraction. Meanwhile, the ISM's prices paid index rose to 62.6 from 60.4 the month prior, as company costs continued to increase. The employment index also ticked higher, coming in at 53.9, compared with 52.3 in January. The data didn't come...
Stock Market

Dow, S&P 500, Nasdaq futures rise after Lutnick hints at possible tariff relief

US stock futures rose after Commerce Secretary Howard Lutnick hinted that President Donald Trump may provide a pathway to tariff relief for Canada and Mexico as soon as Wednesday. Futures attached to the benchmark S&P 500 (ES=F) climbed 0.7%. Futures attached to the Dow Jones Industrial Average (YM=F) advanced 0.6%. And futures attached to the tech-heavy Nasdaq (NQ=F) ascended 0.8% CBOT - Delayed Quote • USD As of 1:43:48 AM EST. Market Open. YM=F ES=F NQ=F Lutnick’s comments on Fox Business Network raised investor hopes that the president might reconsider...
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