Reported about 24 hours ago
US stock markets experienced a significant downturn on Thursday, with the Dow dropping nearly 1,700 points, marking its worst one-day sell-off since 2020. This plunge followed President Trump's announcement of steep tariffs on global trade partners, raising fears of a trade war and potential recession. The tech-heavy Nasdaq Composite led the decline at over 6%, while major companies like Apple and Nvidia saw sharp losses due to concerns about disrupted supply chains. Global markets reacted negatively as well, fueling worries about economic growth.
Source: YAHOO