Asia Markets Mixed, Europe Slips On Auto Tariff Worries, Gold Advances Toward Record High - Global Markets Today While US Slept

On Wednesday, March 26, U.S. markets closed lower, led by steep drops in Nvidia and Tesla, as investors braced for U.S. tariffs on auto imports. Fears of rising prices and global retaliation hit chipmakers and automakers. Durable goods orders rose unexpectedly, while Barclays cut its S&P 500 target. GameStop soared 12% on bitcoin news; Dollar Tree gained on divestiture plans.

In economic data, in February, U.S. orders for manufactured durable goods increased by 0.9% from the previous month, reaching $289.3 billion.

Most S&P 500 sectors fell, led by losses in consumer discretionary, communication services, and tech, while utilities and consumer staples edged higher.

The Dow Jones Industrial Average was lower by 0.31% at 42,587.50, the S&P 500 slid 1.12% to 5,712.20, and the Nasdaq Composite fell ...