US stocks declined for the third straight session on Monday, marking the longest losing streak of 2024 for the S&P 500. Investor sentiment remained fragile due to Trump’s renewed tariff threats, uncertainty ahead of Nvidia’s earnings, and concerns over China’s economic outlook.
Key Market Movers
? US Equities Under Pressure
The S&P 500’s three-day losing streak highlights growing investor caution.
Chinese stocks listed in the US initially dropped on concerns over new White House restrictions but rebounded in Tuesday’s premarket trade.
?? Trump’s Tariff Threats on Canada & Mexico
Trump confirmed 25% tariffs on Canada & Mexico will begin on March 4.
Urged Mexico to impose tariffs on Chinese imports, adding further trade uncertainty.
? Nvidia Earnings in Focus
Investors await Nvidia’s (NASDAQ:NVDA) earnings as a key test for AI-driven market optimism.
Tech sector volatility remains high as global markets react to AI trends.
China’s Internet Sector: UBS Remains Bullish
Despite short-term concerns, UBS strategists maintain a positive outlook on China’s internet sector, citing:? Strong fundamentals and AI innovation progress? President Xi Jinping’s tech push? Solid earnings reports from major Chinese firms
UBS believes that markets will refocus on fundamentals, supporting a broader equity rally.
Financial Insights & Data Tracking
? Sector Historical Overview API – Track long-term market trends across sectors.? Company Rating API – Get real-time company investment ratings amid volatility.
With trade tensions rising and AI market trends evolving, investors should watch Nvidia’s earnings closely for signals on tech sector momentum in the coming weeks.
