Fidelity Nasdaq Composite Index ETF Price & Performance (ONEQ)

The S&P 500 fell 1.59% to 5,861.57, with the Nasdaq Composite tumbling 2.78% due to Nvidia's 8.5% drop. President Trump confirmed tariffs on Mexico and Canada would proceed, intensifying concerns over trade policies. Rising jobless claims further fueled economic worries, while investors await inflation data later this week.1

Metsera Inc., a clinical-stage biotech firm, saw its stock climb 15.01% despite a broader market downturn. Insider purchases worth $94.22 million and optimism surrounding its upcoming presentation at a major healthcare conference bolstered investor confidence. Analysts project a potential upside of up to 64.91% for the stock.2

The aging bull market is showing signs of strain as price-earnings ratios stretch and trade policy uncertainties weigh on sentiment. The "Magnificent 7" mega-cap stocks have declined nearly 20% from their highs, while European markets outperform. Investors are urged to stay disciplined despite heightened volatility.3