Dow Jones industrial average, Stock market and Trump
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The U.S. is imposing a minimum 10% reciprocal tariff on nearly all countries.
Reuters |
Shares of U.S. banks tumbled to multi-month lows on Thursday, after President Donald Trump's sweeping tariffs plan sparked fears of weaker capital markets and a slowdown in consumer spending.
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Investor's Business Daily on MSNDow Jones, S&P 500, Nasdaq Suffer Worst Day Since 2020 As Trump Says Tariffs 'Going Very Well'; Jobs Report, Powell On TapDow Jones futures fell slightly after hours, after the Dow, S&P 500 and Nasdaq suffered their worst one-day declines since 2020. The March employment report and Federal Reserve Chairman Jerome Powell are on tap Friday.
Thursday night's action follows the worst day since 2020 for each of the three major indexes. The Dow and S&P 500 dropped roughly 4% and 4.8%, respectively, while the technology-heavy Nasdaq Composite plunged nearly 6%.
The Dow Jones Industrial Average (DJIA) bottomed out near the 40,800 level after taking a steep plunge during overnight markets. Investor sentiment has whipsawed in the face of the Trump administration sweeping tariffs package announced this week, knocking equities into fresh lows.
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Investor's Business Daily on MSNStock Market Today: Dow Jones Soars As Trump Tariffs Loom; Tesla Jumps On Musk Reports As Amazon Joins TikTok Bidding War (Live Coverage)T he Dow Jones Industrial Average and other major indexes wavered but ended Wednesday in positive territory ahead of an announcement on more tariffs from President Donald Trump at
One big reason the Dow Jones Industrial Average slipped Tuesday had little to do with tariffs. Johnson & Johnson's stock tumbled 6.5% after a [bankruptcy judge dismissed](
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