Nasdaq, Dow Jones and Trump Tariffs
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Adding to that turmoil is retaliation from China, which placed a 34% tariff on all imports from America.
From Markets Insider
“We won’t mince words: Stocks crashed the last two days,” said veteran technical analyst Mark Arbeter, president of Arbeter Investments, on Sunday afternoon.
From MarketWatch
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The Dow Jones Industrial Average (DJIA) index took a beating on Thursday after President Donald Trump’s Liberation Day event. The President
After dropping more than 6% in Friday's session, the VanEck Semiconductor ETF (SMH) tracked to end the week down more than 14%. That means the fund is slated to record its worst weekly performance since March 2020, when it dove more than 15%.
Wall Street kicked off Friday with another brutal stretch of losses driven by President Trump’s new tariffs despite stronger than expected March jobs data. The Dow Jones Industrial Average
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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.
The S&P 500 was down 2.9% in early trading, coming off its worst day since COVID wrecked the global economy in 2020.
Stock markets worldwide are careening even lower after China matched President Donald Trump’s big raise in tariffs in an escalating trade war.
Thursday saw further volatility roil markets in light of Trump’s raft of tariffs. The major averages suffered their worst day since 2020.
2don MSN
DuPont dropped 12.5% after China said its regulators are launching an anti-trust investigation into DuPont China group, a subsidiary of the chemical giant. It’s one of several measures targeting American companies and in retaliation for the U.S. 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.