Nasdaq Falls 200 Points as US Trade Deficit Widens

Key Facts

1The Nasdaq fell over 200 points in today's trading session.

2The US goods trade deficit widened in May.

3The Dow Jones fell 0.31% and the S&P 500 dropped 0.50%.

US stocks traded broadly lower on Thursday, as investor sentiment soured on a widening trade deficit. The Nasdaq fell over 200 points, according to reports, while the Dow Jones dropped 0.31% and the S&P 500 lost 0.50%. The decline followed data showing the US goods trade deficit widened in May.

Sector performance was mixed, with health care shares rising 2.1% while tech stocks fell 1.8%, reflecting a defensive rotation. The widening US trade deficit comes amid ongoing trade uncertainties and lingering global supply chain pressures, per market data.

Looking ahead, no specific price levels were recorded for today's close. Investors are watching upcoming US economic data, including jobs and inflation reports, which could influence Federal Reserve policy and market direction.