Reported 4 days ago
US stock markets experienced significant declines as the Nasdaq fell 4.7%, Dow lost 1,300 points, and S&P 500 dropped over 4% due to concerns surrounding President Trump's expanded tariffs against China, which now stand at 145%. This follows a brief period of relief after a pause on tariffs against other trading partners. Despite a historic rally the day prior, the uncertainty surrounding trade policy has left investors apprehensive about the potential impact on the economy.
Source: YAHOO