US markets opened lower with S&P 500 opening 0.7 percent lower at 6101 and Dow Jones opening 0.93 percent lower at 44,213.3.Global traders are closely evaluating U.S. President Donald Trump’s proposed tariffs on automobiles, semiconductors, and pharmaceutical imports, along with the potential for the Federal Reserve to maintain higher interest rates for an extended period.

Among the top movers on S&P 500 were Hasbro Inc, LKQ Corp, Molina Healthcare, Lam Research, and others.

Among the top losers on S&P 500 were Carnival Corp, Epam Systems Inc, Royal Caribbean Cruises, and others.