NASDAQ, S&P 500 close lower for fourth straight session

Most US stock indices, except the Dow, lost ground on Tuesday, marking the fourth daily decline in a row as the trade war flares up and after weak data.

Trump surprised the markets with plans to enforce the tariffs on Canadian and Mexican imports next month, shrugging off recent negotiations.

Now markets await Nvidia’s earnings results tomorrow to gauge the spending and outlook of AI investments. 

The Conference Board survey showed the US consumer confidence index fell by 7 points to 98.3 points, missing estimates of 102.7.

At the close, Dow Jones was up 0.4%, or 160 points to 43621 points, with a session-low at 43,283 points.

S&P 500 fell 0.5%, or 28 points to 5955 points, with a session-low at 5908 points.

NASDAQ swooned 1.4%, or 260 points to 19,026 points, with a session-low at 18,871 points.