Reported about 12 hours ago
On April 4, 2025, the S&P 500 index saw a sharp decline of 6.0%, following China's counter-tariff measures in response to President Trump's import duties. The trade tensions impacted various sectors, particularly oil and technology, resulting in significant drops in stock values, including a 16.0% plunge for GE HealthCare. While some sectors like homebuilders saw gains due to falling interest rates, the overall market sentiment remained negative amidst fears of a slowing global economy.
Source: YAHOO