Dow Jones industrial average, Trump and reciprocal tariffs
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The U.S. is imposing a minimum 10% reciprocal tariff on nearly all countries.
From Investopedia
President Donald Trump on Wednesday announced plans that would take the U.S. trade duties beyond their 1930s levels.
From Reuters
Wall Street benchmarks slumped on Thursday, ending with the largest one-day percentage losses in years, as U.S. President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a g...
From Reuters
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This article explains why the falling Dow Jones index could rebound now that the fear and greed index has moved to extreme fear zone
Dow, S&P 500, and Nasdaq 100 futures are falling in premarket trading as the stock market reels from a massive selloff following President Donald Trump's shock tariffs announcement.
US stocks end sharply lower. Dow loses 1700 points. S&P 500 and Nasdaq have worst day since 2020 on worries Trump has sparked a hard-to-end trade war.
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Investor's Business Daily on MSNDow Jones Futures: Jobs Report, Powell Due After Trump Tariffs Trigger Market's Worst Day Since 2020Dow Jones futures fell slightly overnight, after the Dow, S&P 500 and Nasdaq suffered their worst one-day declines since 2020. The March employment report and Federal Reserve Chairman Jerome Powell are on tap Friday.
All three market indexes lost significant value on Thursday as nervous investors grappled with President Trump’s announcement of steep global tariffs on Wednesday. The Dow fell 1679 points, the fourth largest points loss in history but not in the top five in percentage of total value lost.
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Thursday night's action follows the worst day since 2020 for each of the three major indexes. The Dow and S&P 500 dropped roughly 4% and 4.8%, respectively, while the technology-heavy Nasdaq Composite plunged nearly 6%.
Financial markets around the world are reeling following President Donald Trump’s latest and most severe volley of tariffs, and the U.S. stock market may be taking the worst of it. The S&P 500 was down 3.3% in early trading Thursday, more than the losses seen in other major markets.
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 E.U.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.