Reported 10 days ago
In a tumultuous trading session on April 7, 2025, the Dow Jones fell 350 points while the S&P 500 marked its third consecutive day of losses as concerns over escalating tariffs contributed to market instability. President Trump threatened to implement an additional 50% tariff on China, escalating the trade conflict further. Despite some fluctuations during the day, including a temporary recovery in the tech-heavy Nasdaq, investors reacted negatively to the ongoing tariff situation, with predictions of a potential recession looming.
Source: YAHOO