Dow Jones industrial average, Trump and tariffs
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U.S. markets plummeted upon opening Thursday after tariffs on 180 U.S. global trading partners went into effect on Wednesday afternoon.
From UPI
President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars.
From U.S. News & World Report
Trump announced a minimum tariff of 10% on imports, with the tax rate running much higher on products from certain countries like China and those from the European Union.
From Chicago Sun-Times
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The Dow Jones Industrial Average was plummeting more than 2,000 points on Friday afternoon, hitting a fresh session low amid a brutal selloff in the U.S. stock market. The Dow was down 2,078 points, or 5.
The U.S. stock market was plummeting midday Friday, with the S&P 500 on pace for its worst week since March 2020, when equities were plunging during the COVID-19 crisis. The Dow Jones Industrial Average was tumbling about 1,
The S&P 500 was down 4% in morning trading, worse than the drops for other major stock markets. The Dow Jones Industrial Average was down 1,520 points, or 3.6%, as of 10:10 a.m. Eastern time, and the Nasdaq composite was 4.0% lower.
Wall Street notched its worst day since the depths of the pandemic in 2020 as investors bet against the sweeping new trade barriers. Indexes overseas suffered deep sell-offs, too.
The major averages added to Thursday's $2.5 trillion wipeout after China said it will impose additional tariffs of 34% on all US products from April 10 — matching the extra 34% duties imposed by Trump on Wednesday.
The Dow Jones backslid another 850 points on Monday. Investor sentiment continues to worsen as market mood sours. Key US CPI and PPI inflation prints are due later this week. The Dow Jones ...
The Dow Jones lost 1,679 points (-3.98%) to close at 40,545.93, while the Nasdaq tumbled 5.97% to 16,550.61. Over 400 S&P 500 stocks ended in the red, pushing the index 12% below its February peak.
US stocks open sharply down. Trump surprises with tariff plan that could mean trade war. Dow loses 1,100 pts. S&P 500 headed for worst day in 2 years.