Reported 1 day ago
Wall Street's main indexes dropped on Wednesday as investors became anxious about the potential impact of President Trump's upcoming tariffs on the global economy and corporate earnings. With details of the tariff plans still uncertain, the market experienced broad declines, led by a significant drop in consumer discretionary stocks, particularly Tesla. This downturn reflects ongoing fears of inflationary pressures linked to the tariffs, overshadowing any positive economic data.
Source: YAHOO