Stock Market Update

24-Feb-25 15:30 ET

Stocks move lower after tariff talk

Dow +137.01 at 43565.03, Nasdaq -127.56 at 19396.45, S&P -6.04 at 6007.09

[BRIEFING.COM] The stock market moved lower heading into the close.

Many stocks declined after President Trump at press conference said that tariffs on Mexico and Canada are going forward on schedule after the one-month delay.

Separately, Treasuries settled with gains. The 10-yr yield dropped three basis points to 4.39% and the 2-yr yield dropped two basis points to 4.17%.

Looking ahead, market participants receive the following economic data on Tuesday:

9:00 ET: December FHFA Housing Price Index (prior 0.3%) and December S&P Case-Shiller Home Price Index (Briefing.com consensus 4.4%; prior 4.3%)
10:00 ET: February Consumer Confidence (Briefing.com consensus 103.1; prior 104.1)