{"id":343137,"date":"2025-03-26T17:50:07","date_gmt":"2025-03-26T21:50:07","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=343137"},"modified":"2025-03-26T17:54:51","modified_gmt":"2025-03-26T21:54:51","slug":"car-tariff-fears-pressure-stocks","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/car-tariff-fears-pressure-stocks\/","title":{"rendered":"Car tariff fears pressure stocks"},"content":{"rendered":"\n<p>Shares in Toronto and particularly New York fell after news that fresh car tariffs would be announced sometime after the closing bell. At 4:00 pm EST, the S&amp;P was -1.12%, the Nasdaq -2.04% and the Dow -0.31%. <\/p>\n\n\n\n<p>Tech dragged the indices down, as <a href=\"https:\/\/stockchase.com\/NVDA-Q\">Nvidia<\/a> closed -5.74%, <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> -5.58%, and <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer<\/a> -8.86%. Meanwhile, <a href=\"https:\/\/stockchase.com\/MRNA-Q\">Moderna<\/a> sank 7% though <a href=\"https:\/\/stockchase.com\/CTAS-Q\">Cintas<\/a> rallied 5.82%. Bitcoin declined US$640 to US$87,255 while the U.S. 10-year yield edged up to 4.354%.<\/p>\n\n\n\n<p>In Toronto, the TSX slipped 0.7% as eight sectors lost ground. Tech and healthcare fell the most while telcos outperformed all. Major movers: <a href=\"https:\/\/stockchase.com\/DOO-T\">BRP<\/a> 7.42%, <a href=\"https:\/\/stockchase.com\/SOBO-N\">South Bow<\/a> 1.41%, <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals<\/a> -5.74%, <a href=\"https:\/\/stockchase.com\/CLS-T\">Celestica<\/a> -9.9% and <a href=\"https:\/\/stockchase.com\/TECK.B-T\">Teck Resources<\/a> -6.09%. Gold held at US$3,019 while WTI climbed 1.2% to US$69.80. <\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/NVDA-Q\">NVIDIA Corporation&nbsp;(NVDA-Q)<\/a> -5.74%<\/p>\n\n\n\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Inc&nbsp;(TSLA-Q)<\/a> -5.58%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/SMCI-Q\">Super Micro Computer&nbsp;(SMCI-Q)<\/a> -8.86%<\/p>\n\n\n\n<p>&#x1f489; <a href=\"https:\/\/stockchase.com\/MRNA-Q\">Moderna&nbsp;(MRNA-Q)<\/a> -7%<\/p>\n\n\n\n<p>&#x1f6cd; <a href=\"https:\/\/stockchase.com\/CTAS-Q\">Cintas Corp&nbsp;(CTAS-Q)<\/a> +5.82%<\/p>\n\n\n\n<p>&#x1f6cd; <a href=\"https:\/\/stockchase.com\/DOO-T\">BRP INC.&nbsp;(DOO-T)<\/a> +7.42%<\/p>\n\n\n\n<p>&#x1f3d7; <a href=\"https:\/\/stockchase.com\/SOBO-N\">South Bow Corp&nbsp;(SOBO-N)<\/a> +1.41%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/FM-T\">First Quantum Minerals&nbsp;(FM-T)<\/a> -5.74%<\/p>\n\n\n\n<p>&#x1f9ec; <a href=\"https:\/\/stockchase.com\/CLS-T\">Celestica Inc&nbsp;(CLS-T)<\/a> -9.9%<\/p>\n\n\n\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/TECK.B-T\">Teck Resources Ltd. (B)&nbsp;(TECK.B-T)<\/a> -6.09%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares in Toronto and particularly New York fell after news that fresh car tariffs would be announced sometime after the closing bell. At 4:00 pm EST, the S&amp;P was -1.12%, the Nasdaq -2.04% and the Dow -0.31%. Tech dragged the [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-343137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=343137"}],"version-history":[{"count":3,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343137\/revisions"}],"predecessor-version":[{"id":343142,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/343137\/revisions\/343142"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/174836"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=343137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=343137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=343137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}