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Stock market today: Nasdaq enters correction, S&P 500 sinks to lowest since November as stocks get clobbered on Trump tariff whiplash

Investors continue to grapple with Trump's shifting tariff policy and worries about the economy.

Yahoo Finance 1 minute ago

NQ=F

^GSPC

^DJI
Nvidia leads chipmaker stocks lower as investor fears over AI demand continue to weigh

Nvidia stock dropped nearly 6% Thursday, leading other chipmakers down as fears over AI demand continued to weigh on the stocks.

Yahoo Finance 22 minutes ago

NVDA

MRVL

META
February jobs report is expected to show hiring uptick, unemployment rate holding steady

The February jobs report comes at a crucial moment for markets as stocks have recently sold off amid fears of an economic slowdown.

Yahoo Finance 38 minutes ago

QQQ

^DJI

^IXIC
Spotify says it's fixing the bug that caused Premium users to hear ads

Spotify has acknowledged an issue that's causing some of its paid Premium subscribers to encounter ads when trying to play music. In an X post published on Thursday by Spotify's customer service account, the company said it's looking into the problem and linked to its Community website where the issue has been documented by users over the past four weeks. However, the company clarified to TechCrunch that the current issue has a different cause from the bug that had been previously reported by us

TechCrunch 2 hours ago

SPOT
A strong jobs report 'probably not enough' to stabilize markets

As investors await the key February payrolls report from the Bureau of Labor Statistics on Friday, concern grows over potential surprises that could impact market stability. Citi head of US equity trading strategy Stuart Kaiser joins Catalysts hosts Madison Mills and Seana Smith to discuss these risks and the potential for a market reaction. "We do see [the report] as a pretty significant risk to the markets; options are pricing it that way," Kaiser says. "It's priced as the biggest payrolls event since March of 2023, so basically the biggest payrolls print in about two years." Kaiser notes that a weak jobs report could lead to a sharp market decline. "A good jobs print helps, but it's probably not enough to sort things out," he emphasizes. "If you got a weak print, let's say, below 125,000 jobs ... if the unemployment rate rose, I think you would have a pretty big pullback in US equities in response to that." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Josh Lynch

Yahoo Finance Video 4 hours ago

^DJI

^IXIC

^GSPC
Marvell dives, Alibaba's new AI model, Macy's: Market Minute

On today's Market Minute, Yahoo Finance anchor Josh Lipton outlines the top stories on Wall Street. Marvell Technology (MRVL) shares plunge on the chipmaker's weak outlook as investors weigh artificial intelligence (AI) demand sustainability. Alibaba (BABA) announces QwQ-32B, a new AI reasoning model, that the company says rivals DeepSeek's AI model and outperforms OpenAI's lower-cost model. Macy's (M) stock is in focus following the company's earnings print, adding to the large number of major retailers issuing weak guidance. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. This post was written by Naomi Buchanan.

Yahoo Finance Video 5 hours ago

MRVL

BABA

BABAF
MongoDB nosedives on lowest expected sales growth since 2017

MongoDB (MDB) stock takes a nosedive Thursday morning after the company issued a disappointing outlook, expecting the lowest sales growth since the company went public in 2017. Co-hosts Madison Mills and Seana Smith take a closer look at the details on Catalysts. According to the company, MongoDB's cloud-based applications are growing more slowly than expected despite its recent acquisition of artificial intelligence (AI) startup Voyage. Several Wall Street analysts have since downgraded the stock. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Sydney Strauss

Yahoo Finance Video 5 hours ago

MDB
Corporate America isn't talking about anything but tariffs right now

President Trump's tariffs have grabbed hold of the stock market's direction, company earnings calls, and economic data releases.

Yahoo Finance 6 hours ago

^DJI

TGT

ANF
Nasdaq, S&P 500, Dow are sinking over tech sell-off

A tech sell-off is dragging all three of the major market averages (^DJI, ^IXIC, ^GSPC) lower at Thursday's market open, the Nasdaq Composite sinking by less than 2%. The Morning Brief's Seana Smith and Yahoo Finance markets and data editor Jared Blikre assess the market declines, sector losses, and the tech stocks being hit the hardest this morning. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 6 hours ago

^IXIC

BZ=F

^NDX
Why America's farmers are so eagerly seeking an exception to Trump's second round of trade wars

America's farmers are once again at the center of global trade tensions as Donald Trump ramps up his new trade wars.

Yahoo Finance 8 hours ago

^DJI
Tariff uncertainties persist, ADP labor data: Market Takeaways

US stocks (^DJI, ^IXIC, ^GSPC) capped off Wednesday's trading session in positive territory as the market tries to make sense of the Trump administration's tariff policies. Yahoo Finance senior markets reporter Josh Schafer shares his break down of how equities are taking in President Trump's latest trade tariffs and the uncertainty around them, along with ADP's private payrolls data for February. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 22 hours ago

^GSPC

^DJI

^IXIC
Broadcom Inc.: Fiscal Q1 Earnings Snapshot

PALO ALTO, Calif. AP) — Broadcom Inc. AVGO) on Thursday reported fiscal first-quarter net income of $5.5 billion.

Associated Press Finance 3 minutes ago

AVGO

PANW
Costco: Fiscal Q2 Earnings Snapshot

ISSAQUAH, Wash. AP) — Costco Wholesale Corp. COST on Thursday reported fiscal second-quarter profit of $1.79 billion.

Associated Press Finance 4 minutes ago

COST
Broadcom forecasts second-quarter revenue above estimates

Broadcom forecast second-quarter revenue above Wall Street expectations on Thursday, bolstered by strong demand for its custom artificial intelligence chips from companies looking to process big data. The company expects revenue of around $14.9 billion, compared with estimates of $14.76 billion, according to data compiled by LSEG.

Reuters 5 minutes ago

AVGO
Trump 'not looking' at stock market, blames globalists for sell-off

The U.S. stock market has given up all the gains seen since U.S. President Donald Trump won the election in November 2024 due largely to uncertainties created by his tariff melee. However, according to Trump, “he is not even looking at the stock market.”

Investing.com 7 minutes ago

^GSPC
Costco beats quarterly sales estimates on bulk buying surge

Costco Wholesale beat Wall Street expectations for second-quarter revenue on Thursday, as its members shopped more goods, including groceries, home furnishings and electronics, in bulk from its retail outlets amid rising living costs. The company's quarterly revenue rose 9% to $63.72 billion, compared with analysts' average expectations of $63.13 billion according to data compiled by LSEG.

Reuters 8 minutes ago

COST
Why Nvidia Stock Is Sinking Today

Nvidia (NASDAQ: NVDA) stock is getting hit with sell-offs in Thursday's trading. The company's share price was down 5.1% as of 2 p.m. ET amid a 2% decline for the S&P 500 and a 2.5% decline for the Nasdaq Composite. Investors are selling out of artificial intelligence (AI) and semiconductor stocks today after Marvell Technology saw a big valuation pullback despite posting better-than-expected Q4 results and guidance.

Motley Fool 11 minutes ago

NVDA

MRVL
How major US stock indexes fared Thursday, 3/6/2025

The Nasdaq composite sank 2.6%, and the Dow Jones Industrial Average dropped 1%. Stocks fell even though President Donald Trump offered another temporary reprieve on some of his tariffs. The move amplified the uncertainty that's been rocking the market amid worries that a global trade war could damage economies and worsen inflation.

Associated Press Finance 13 minutes ago

COMP

^GSPC

^RUT
Costco Wholesale Corporation Reports Second Quarter and Year-To-Date Operating Results For Fiscal 2025 and February Sales Results

ISSAQUAH, Wash., March 06, 2025 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the second quarter (twelve weeks) and the first 24 weeks of fiscal 2025, ended February 16, 2025. Net sales for the quarter increased 9.1 percent, to $62.53 billion, from $57.33 billion last year. Net sales for the first 24 weeks increased 8.3 percent, to $123.52 billion, from $114.05 billion last year. Comparable sales for the seco

GlobeNewswire 15 minutes ago

COST
Broadcom Inc. Announces First Quarter Fiscal Year 2025 Financial Results and Quarterly Dividend

Broadcom Inc. (Nasdaq: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today reported financial results for its first quarter of fiscal year 2025, ended February 2, 2025, provided guidance for its second quarter of fiscal year 2025 and announced its quarterly dividend.

PR Newswire 15 minutes ago

AVGO

Performance Overview

Return	DGIK.JK	IDX COMPOSITE
YTD	-15.00%	-6.53%
1-Year	-27.66%	-9.71%
3-Year	-55.56%	-4.48%

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Related News

Stock market today: Nasdaq enters correction, S&P 500 sinks to lowest since November as stocks get clobbered on Trump tariff whiplash

Nvidia leads chipmaker stocks lower as investor fears over AI demand continue to weigh

February jobs report is expected to show hiring uptick, unemployment rate holding steady

Spotify says it's fixing the bug that caused Premium users to hear ads

A strong jobs report 'probably not enough' to stabilize markets

Marvell dives, Alibaba's new AI model, Macy's: Market Minute

MongoDB nosedives on lowest expected sales growth since 2017

Corporate America isn't talking about anything but tariffs right now

Nasdaq, S&P 500, Dow are sinking over tech sell-off

Why America's farmers are so eagerly seeking an exception to Trump's second round of trade wars

Tariff uncertainties persist, ADP labor data: Market Takeaways

Broadcom Inc.: Fiscal Q1 Earnings Snapshot

Costco: Fiscal Q2 Earnings Snapshot

Broadcom forecasts second-quarter revenue above estimates

Trump 'not looking' at stock market, blames globalists for sell-off

Costco beats quarterly sales estimates on bulk buying surge

Why Nvidia Stock Is Sinking Today

How major US stock indexes fared Thursday, 3/6/2025

Costco Wholesale Corporation Reports Second Quarter and Year-To-Date Operating Results For Fiscal 2025 and February Sales Results

Broadcom Inc. Announces First Quarter Fiscal Year 2025 Financial Results and Quarterly Dividend

Performance Overview