Reported about 11 hours ago
U.S. stocks experienced significant declines for the second consecutive day as China imposed a 34% tariff on American goods. Despite a positive jobs report showing 225,000 new jobs added, the major indexes, including the Dow, S&P 500, and Nasdaq, opened sharply lower, reflecting concerns over ongoing trade tensions and the impact of rising tariffs. The market shows its worst slump since the pandemic, with notable sell-offs across various sectors.
Source: YAHOO