Asia Markets Down, Europe Advances, Gold Holds Steady - Global Markets Today While US Slept

On Tuesday, March 11, U.S. markets closed lower, extending steep losses amid escalating tariff threats from President Trump, which fueled concerns over a global economic slowdown.

The S&P 500 briefly entered correction territory, down 10% from recent highs. Volatility was driven by mixed trade signals and geopolitical developments, including a potential Ukraine-Russia ceasefire and suspended Canadian energy surcharges.

In economic data, U.S. job openings unexpectedly rose by 232,000 to 7.74 million in January, up from a revised 7.51 million in December and surpassing the forecast of 7.63 million—signaling continued labor market strength amid broader economic uncertainty.

All 11 major S&P sectors ended in the red, though technology and consumer discretionary—this year’s weakest performers—recorded the most modest losses.

The Dow Jones Industrial Average fell 1.14% to close at 41,433.48, the S&P 500 declined ...