Trump's Tariffs Impact Markets; Canada Gets New PM; Trump Tower Protest

U.S. stock indexes declined Thursday following President Trump's tariff threat on EU beverage imports. Treasury Secretary Bessent stated he was not concerned about market volatility. The Dow Jones Industrial Average fell 0.89%, the S&P 500 lost 0.98%, and the Nasdaq Composite decreased by 1.44% at 11:43 a.m. ET. Intel shares rose 14.8% after Lip-Bu Tan was appointed CEO. Separately, Mark Carney will be sworn in as Canada's Prime Minister on Friday at 11:00 a.m., succeeding Justin Trudeau. Carney's cabinet is expected to be smaller than Trudeau's. On March 13, 2025, protesters occupied Trump Tower in Manhattan, demanding the release of Mahmoud Khalil, an anti-Israel activist detained by ICE. The NYPD removed demonstrators.