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Markets plunge with S&P 500 down 6% and Dow down 2,200 after China retaliates against Trump tariffs
The drop closed the worst week for the S&P 500 since March 2020, when the pandemic ripped through the global economy. The Dow Jones Industrial Average plunged 2,231 points, or 5.5% and the Nasdaq composite tumbled 5.8% to pull more than 20% below its record set in December.
Dow tumbles more than 1,600 the day after Trump’s major tariff announcement
Wall Street shuddered, and a level of shock unseen since COVID’s outbreak tore through financial markets worldwide Thursday on worries about the damage President Donald Trump’s newest set of tariffs could do to economies across continents,
Consumer price increases likely slowed in March due to cheaper gas, but forecasters don't expect the low inflation to survive ...
Wall Street skidded on Friday amid higher-than-expected inflation data and fears about the impact of President Trump's ...
US stocks were battered by a steep sell-off Friday after China retaliated against the United States for President Donald ...
The Dow Jones Industrial Average was down 1,200 points ... “The recent tariffs will likely increase inflation and are causing many to consider a greater probability of a recession,” wrote ...
The stock market shed gains after the Trump administration announced it was moving forward with stiff tariffs on Chinese ...
Taiwan's inflation rebounded in March, climbing back above the key 2% threshold as the island economy braces for the impact of U.S. tariffs. Consumer prices rose 2.29% in March, Taiwan's ...
Trump announced a 90-day tariff reduction to 10% for most countries but further jacked up the tax rate on Chinese imports to ...
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