A red wall on Wall Street - but President Trump appears to believe it will all work out
- Major U.S. Indexes, including the Dow, Nasdaq, and S&P 500, experienced sharp declines.
- Escalating trade war fears between America and China triggered the market downturn.
- The Nasdaq entered a bear market, reflecting a 20% drop, and the Dow lost over 2,000 points.
- Trump stated, "China are not very happy about our reciprocal tariffs," increasing trade tensions.
- Investors fear a global recession as tariffs could raise inflation and crimp profitability.
12 Articles
12 Articles
A red wall on Wall Street - but President Trump appears to believe it will all work out
The Dow lost more than 2,000 points in a single day - that's only happened three times before in its long history. But Donald Trump doesn't appear to have his head in the sand. He appears to believe it will all work out in the end.
Trump is playing a high-stakes game of international poker
On what he called “Liberation Day,” President Trump announced a new tariff schedule. While the markets had been up in anticipation, they are down sharply, with the Dow dropping 2,200 points, perhaps surprised by the extent of them. Basically, Trump has laid tariffs equal to about half what other countries charge on US exports, inviting them to lower theirs in exchange for reciprocity. What the final result will be is anyone’s guess, for the Trum…
Dow drops more than 2,200 points as Nasdaq ends in bear market | Honolulu Star-Advertiser
Wall Street nosedived for a second straight day today, with the Nasdaq Composite confirming a bear market and the Dow Jones Industrial Average entering a correction, as an escalating global trade war spurred the biggest losses since the pandemic.
Dow Jones Slides More Than 2,200 Points Amid Tariff Announcements
The Dow Jones Industrial Average dropped more than 2,200 points during Friday morning trading, a day after being down 1,600 points amid a broad swath of tariffs unveiled this week. Aside from the Dow drop, the Nasdaq Composite shed more than 5.9 percent on Friday, following a 6 percent drop a day earlier. The S&P 500 also saw a more than 5.9 percent decline in the morning period, following a 4.84 percent drop on Thursday. The volatility index, o…
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