S&P Global Plunges 3.5% on U.S. Tariff Policies

On April 3, 2025, S&P Global experienced a significant drop of 3.5% in pre-market trading, reflecting a notable decline in investor sentiment.

The recent decline in S&P Global's stock price can be attributed to several factors. The U.S. has implemented new tariff policies, which have had a significant impact on global markets. The new policies include a universal 10% tariff on 185 countries and additional high tariffs on countries with significant trade surpluses and high tariff barriers, including China. This move has led to increased uncertainty and volatility in the market, affecting S&P Global's stock performance.

Additionally, the U.S. manufacturing PMI for March was reported at 50.2, slightly above the expected 49.8. While this indicates a marginal improvement in manufacturing activity, it may not be sufficient to offset the negative impact of the new tariff policies on investor confidence. The combination of these factors has contributed to the recent decline in S&P Global's stock price.