At the opening, the S&P 500 index decreased by 0.12 percent to 6,901.25 points, while the Nasdaq index fell by 0.2 percent to 22,840.97 points.
Legal Deadlock in Tariff Policies The focus of US markets remains on judicial decisions regarding customs tariffs and their commercial implications.
The US Supreme Court ruled that the International Emergency Economic Powers Act (IEEPA) does not grant the president direct authority to impose tariffs.
Experts anticipate that President Donald Trump may turn to alternative legal avenues, such as Section 122 of the Trade Act of 1974, to maintain the tariffs.
Fed Interest Rate Policy and Economic Data On the macroeconomic front, messages from Federal Reserve officials regarding monetary policy are being closely monitored.
Fed Governor Christopher Waller signaled that interest rate cuts could be paused if labor market data continues to show strength.
This statement triggered concerns about global growth and inflation outlooks, putting pressure on the markets.
Snowstorm Impact on the Aviation Sector Sectorally, a severe snowstorm affecting the northeastern United States negatively impacted aviation stocks.
Following the cancellation of thousands of flights, JetBlue Airways shares lost 4 percent in value, while Delta Air Lines, United Airlines, and American Airlines recorded declines exceeding 3 percent.
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US Markets Open Lower Amid Tariff Uncertainty and Fed Signals
Wall Street indices declined on Monday as investors weighed legal challenges to tariff policies, cautious interest rate signals from the Federal Reserve, and the impact of a major snowstorm on the aviation sector.
Sources
- Ekonomi Dünya · baglanti