Dow plunges 2,000
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Adding to that turmoil is retaliation from China, which placed a 34% tariff on all imports from America.
NBC News |
Over the past two days, more than $5 trillion of wealth has been erased from the U.S. stock market as investors react to the tariffs announced by President Trump.
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Investor's Business Daily on MSNGet Ready For Dow Jones Futures After Trump Tariffs Drive Nasdaq Into Bear MarketDow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, after Trump tariffs triggered the major indexes' worst week since the March 2020 Covid crash. Bitcoin is tumbling.
1don MSN
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
The Dow Jones Industrial Average (DJIA) index took a beating on Thursday after President Donald Trump’s Liberation Day event. The President
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The Dow Jones Industrial Average (DJIA) bottomed out near the 40,800 level after taking a steep plunge during overnight markets. Investor sentiment has whipsawed in the face of the Trump administration sweeping tariffs package announced this week, knocking equities into fresh lows.
Ongoing tariff fears and souring consumer sentiment are also pushing stocks lower.
Shares of Dow Inc. DOW tumbled 10.36% to $28.20 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 5.97% to 5,074.08 and Dow Jones Industrial Average DJIA falling 5.
The Dow, S&P 500, and Nasdaq all fell as the stock market reeled from a massive selloff following President Donald Trump's shock tariffs announcement.
Dow Inc. closed 48.16% short of its 52-week high of $60.69, which the company achieved on April 4th.
The S&P 500 fell 0.6%. The index, which is a benchmark for the broader market’s health, is facing its worst weekly losing streak in nearly two years. The Dow Jones Industrial Average fell 228