Barron's 400 ETF Price & Performance (BFOR)

The implementation of U.S. tariffs on China, Canada, and Mexico has sparked immediate retaliatory measures. China targets American agricultural exports, while Canada plans $100 billion in counter-tariffs. Market reactions remain cautious, with Dow and S&P 500 futures largely stable and Nasdaq 100 futures showing slight gains.1

Major technology companies continue to drag on the Nasdaq Composite, which edged up 0.1%, while the S&P 500 declined 0.4%. The Magnificent Seven ETF, representing top tech firms, fell 1%, deepening its bear market status as investor sentiment cools.2

A quiet trading day saw the S&P 500 slip 0.3% and the Nasdaq Composite drop 0.4%. The Dow Jones Industrial Average dipped by 31 points. With over 300 S&P 500 stocks declining, market breadth indicators like the Equal Weight ETF also fell by 0.3%.3