Reported 9 days ago
In a turbulent trading session, US stocks plummeted as the White House confirmed the implementation of a 104% tariff on Chinese imports, effective immediately. The Dow Jones dropped over 300 points while the S&P 500 and Nasdaq reversed earlier gains, raising concerns of a potential bear market. This volatility follows recent high fluctuations in trading and significant warnings from major financial figures regarding the economic impact of tariffs. As tensions escalate, China has vowed to 'fight to the end' against the US's tariff measures.
Source: YAHOO