Reported 1 day ago
After experiencing their worst week since the onset of the pandemic in March 2020, U.S. stocks took a significant hit following President Trump's tariff announcements and China's retaliatory measures. The Dow Jones Industrial Average fell nearly 8%, while the S&P 500 dropped about 9%, and the Nasdaq fell 10%, officially entering bear market territory. With several key earnings reports on the horizon and economic data releases, investors are closely monitoring the implications of ongoing tariff negotiations and the potential for a recession.
Source: YAHOO