On Monday, Wall Street began trading with declines across its major indices, particularly the Dow Jones Industrial Average, which fell by 1.27%. The drop was attributed to President Donald Trump’s recent announcement of a global 15% tariff, which has raised concerns among investors about the impact on the economy. Both the S&P 500 and Nasdaq also experienced losses of 0.60% and 0.52%, respectively, indicating a widespread negative sentiment in the market.

Michael Landsberg, a financial expert, commented on the ongoing trade negotiations, suggesting that tariff discussions will continue to create distractions in the markets over the coming year, albeit with less volatility compared to the initial shock experienced in April. This market response reflects the investors' wariness about further economic repercussions from trade policies and international relations.

In spite of the negative market performance, the New York Stock Exchange functioned normally, even as a historic blizzard affected mobility in New York City and the northeastern United States. This resilience of the exchange under adverse weather conditions speaks to the strength and continuity of the financial markets, although the looming tariff situation remains a significant concern for traders and analysts alike.