The S&P 500 (SPX) fell again today as investors anticipate additional information about the trade war between the U.S., Canada, Mexico, and China. Specifically, investors are focused on retaliatory tariffs from Canada and China. Mexico is waiting until Sunday to announce its plans to fight back against U.S. tariffs.
While President Trump’s tariffs increase imports from Canada and Mexico by 25%, there are some exceptions to that rule. That includes a one-month delay for automotive companies that follow the United States-Mexico-Canada Agreement. The President also noted that Mexican imports that meet USMCA standards aren’t subject to the tariffs just yet.
With trade war worries comes a 1.73% drop for the SPX today, building on a 3.47% decrease over the last three months. The index has also lost 0.66% of its value year-to-date, signaling a rough start to 2025 for the stock market.
Which Stocks Are Dragging Down the S&P 500 Today?
Turning to the TipRanks S&P 500 heatmap, investors will see which stocks are down Thursday. Truthfully, investors will have an easier time naming the stocks up today as the heatmap is largely red. Nvidia (NVDA), Broadcom (AVGO), Meta Platforms (META), Amazon (AMZN), and Netflix (NFLX) are just some of the stocks pulling the index down today with major drops.
How to Invest in the S&P 500
Investors can’t take a direct stake in the S&P 500 as it’s only an index. Instead, they might consider buying shares listed on it. While markets are in turmoil today, investors can use the opportunity to purchase shares for a discount. However, they should make sure to only prioritize stocks with a high chance of a rebound.
Another option is purchasing shares of an exchange-traded fund (ETF) that tracks the SPX. The SPDR S&P 500 ETF Trust (SPY) is one popular choice for investors who want to bet on the index’s success.
