Markets fell broadly Tuesday with the S&P 500 trading at five-week lows and the Nasdaq extending its three-day losing streak. The Dow Jones managed to recover midday while Wall Street digested a weaker-than-anticipated consumer confidence survey from the Conference Board, adding to concerns over the health of the U.S. consumer and job market. 

Escalating trade concerns are also weighing on markets after President Donald Trump announced on Monday that tariffs on imports from Canada and Mexico "will go forward" and Bloomberg reported the White House is preparing tighter restrictions on semiconductor exports to China. 

NVIDIA Corp. (NASDAQ:NVDA) led the Nasdaq lower as investors anticipate the company's earnings release on Wednesday and shares of Tesla, Inc. (NASDAQ:TSLA) fell after the EV giant saw a sharp decline in European sales. 

Read Next: Tesla Competes Against Chinese Rivals ‘With One Hand Tied Behind Its Back’: Analyst

Bitcoin (CRYPTO: BTC) fell below $88,000, its lowest since November 2024, as concerns over a slowing U.S. economy and Trump's trade policies weighed on crypto markets. 

The yield on the U.S. 10-year Treasury note fell about 9 bps to 4.32% as investors flocked toward safe-haven assets.  The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) rose 1.49%. 

Tuesday's Performance In Major U.S. Indices, ETFs

Major Indices	Price	1 day % chg.
Nasdaq 100	19,072.35	-1.12%
S&P 500	5,957.58	-0.43%
Dow Jones	43,597.47	0.31%
Russell 2000	2,165.29	-0.59%

According to Benzinga Pro data:

• The SPDR S&P 500 ETF Trust (NYSE:SPY) was down 0.48% to $594.36.
• The SPDR Dow Jones Industrial Average (NYSE:DIA) climbed 0.28% at $435.76.
• The tech-heavy Invesco QQQ Trust Series (NASDAQ:QQQ) slid 0.98% to $514.78.
• The iShares Russell 2000 ETF (NYSE:IWM) eased down 0.38% to $215.41.
• The Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY) was down 0.8% to $215.84.
• The Energy Select Sector SPDR Fund (NYSE:XLE) fell 1.53% to $89.56.

Tuesday's Stock Movers 

Hims & Hers Health, Inc. (NYSE:HIMS) shares plunged after the company reported a decline gross margins in the fourth-quarter added to concern over the end of the FDA-declared shortage of semaglutide.

Stocks reacting to company earnings reports included: 

• Krispy Kreme, Inc. (NASDAQ:DNUT) 
• Chegg, Inc. (NYSE:CHGG) 
• Home Depot, Inc. (NYSE:HD) 
• Easterly Government Properties, Inc. (NYSE:DEA) 
• Keurig Dr Pepper Inc. (NASDAQ:KDP) 
• Trip.com Group Limited (NASDAQ:TCOM) 

Companies reporting after Tuesday's closing bell include: 

• Lucid Group, Inc. (NASDAQ:LCID) 
• AMC Entertainment, Inc. (NYSE:AMC) 
• Workday, Inc. (NASDAQ:WDAY) 
• Maplebear (Instacart) Inc. (NASDAQ:CART) 
• First Solar, Inc. (NASDAQ:FSLR) 
• Caesars Entertainment, Inc. (NASDAQ:CZR) 
• Coupang, Inc.  (NYSE:CPNG) 
• Intuit Inc. (NASDAQ:INTU) 
• CAVA Group, Inc. (NYSE:CAVA) 

Read Next:

• Lucid Q4 Earnings Preview: Production, Deliveries, Margins On Watch

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