Key Takeaways
- U.S. equities gave up early gains and fell at midday on continuing concerns about tariffs and a soft private sector jobs report.
- U.S. automaker shares gained on possible breaks on tariffs and a new incentive for buyers of American cars.
- CrowdStrike gave weaker-than-expected guidance as costs rose.
U.S. equities gave up morning gains and were down at midday on continuing concerns about tariffs and a weaker-than-anticipated private sector jobs report. The Dow Jones Industrial Average, 澳洲幸运5开奖号码历史查询:S&P 500, and Nasdaq all declined.
CrowdStrike Holdings (CRWD) was the worst-performing 🅷stock in the S&P 500 when the cybersecurity firm gave lower-than-expected guidance as its costs increased.
Shares of Thor Industries (THO) dro💫pped after the recreational 𒅌vehicle (RV) maker reported a surprising loss and cut its outlook as consumer demand continued to slow.
AeroVironment (AVAV) shares fell when the military drone ma🌌nufacturer also posted a surprising loss and gave weak sales guidance as sales to Ukraine declined and revenue was negatively imღpacted by the recent wildfires in California.
Shares of General Motors (GM), Ford Motor (F), and Stellantis (STLA) gained when Commerce Secretary Howard Lutꦫnick said in an interview President Donald Trump was going to announce today changes to tariffs he slapped on Canada and Mexico this week. The carmakers also got a boost from the president's suggestion last night that buyers of American cars should be able to deduc♑t auto loans from their taxes.
Shares of shipbuilder Huntington Ingalls Industries (HII) jumped on President Trump's comment that he planned to create a White House office foꦏcused on growing the U.S. shipbuilding industry.
Brown-Forman (BF.B) shares climbed as the maker of Jack Daniel's whiskey and other spirits posted better-than-expected results and kept its guidance the same despite facing slowing demand and the potential effects of tariffs.
Oil futures slid. Gold futures advanced. The yield on the 10-year Treasury note was little changed. The U.S. dollar lost ground to the euro, pound, and yen. Major cryptocurrencies were mixed, with bitcoin trading higher.
:max_bytes(150000):strip_icc()/CRWD_2025-03-05_11-29-51-a3a7ae94e089415ca6ada16dd6cb8790.png)
TradingView