Reported 2 days ago
On April 3, 2025, President Trump's announcement of sweeping tariffs led to a market downturn, with the ProShares VIX Short-Term Futures ETF (VIXY) surging nearly 25% as investor anxiety grew. Broader ETFs, including the SPDR Dow Jones Industrial Average ETF (DIA) and the SPDR S&P 500 ETF Trust (SPY), dropped significantly, reflecting fears of rising consumer prices due to the new tariffs imposed on numerous countries, including major economies like China and the European Union.
Source: YAHOO