Reported 5 days ago
US stock markets experienced significant declines on Thursday, with the Nasdaq falling 6%, the Dow dropping nearly 1,700 points, and the S&P 500 decreasing 5%, due to President Trump's updated tariffs on Chinese goods that raised the total levy to 145%. This market reaction comes after a brief rally sparked by Trump's pause on some tariffs, highlighting ongoing uncertainty surrounding his trade policies and their potential impact on the US economy.
Source: YAHOO