SPDR Dow Jones International Real Estate ETF Price & Performance (RWX)

The S&P 500 hit a seven-month low on Tuesday as trade tensions escalated. President Trump raised tariffs on Canadian steel and aluminum imports to 50%, responding to Ontario's tariffs on U.S. electricity. Broader economic concerns persist despite resilient job openings, with commodities like gold and silver gaining favor as safe-haven assets.1

Markets showed signs of recovery on Wednesday as investors awaited the Federal Reserve's rate decision. The Nasdaq outperformed, led by gains in technology stocks, including Nvidia. Meanwhile, gold reached record highs, and Bitcoin rebounded. The Fed is expected to keep rates steady while providing updated economic projections.2

The Nasdaq plunged 4% on Monday, marking its worst day since 2022, as tech giants like Tesla and Nvidia faced steep losses. Broader markets also fell, with the Dow dropping nearly 900 points. Concerns over tariffs and a potential recession weighed heavily on investor sentiment, driving a shift toward safer assets.3