US stocks tumbled after Trump confirms 25% Mexico and Canada tariffs will begin Tuesday. Crypto also gives up gains made on strategic crypto reserve.

A private survey showed American factory activity last month edged closer to stagnation—slowing growth combined with faster inflation—as new orders and employment contracted. A gauge of prices paid for materials jumped to the highest since June 2022. So how should investors react to all this smoke on the horizon?

Stocks fall sharply Monday, extending declines in late afternoon trade as President Donald Trump affirmed 25% tariffs on imports from Canada and Mexico will take effect. Earlier, stocks felt pressure after a weaker-than-expected February reading for a key manufacturing index.

Stocks fell on Wall Street Monday, ahead of President Donald Trump’s latest deadline on tariffs. The S&P 500 was 1% lower in afternoon trading. The Dow Jones Industrial Average was down 402 points, or 0.

Key Takeaways Shares of Nvidia were down 10% Monday afternoon, falling into bear market territory. The company's latest quarterly financial results raised questions about what was next for the stock—and the AI trade—and uncertainty driven by US trade policy has further concerned investors.

Since his inauguration last month, President Trump has been relatively muted about the stock market. Investors are getting worried about an impending sell-off.