Wall Street kicked off Friday with another brutal stretch of losses driven by President Trump’s new tariffs despite stronger than expected March jobs data. The Dow Jones Industrial Average
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Investor's Business Daily on MSNDow Jones Plunges 1,100 Points On U.S.-China Trade War Fears; Apple, Nvidia, Tesla Sell OffThe Dow Jones plunged 1,100 points on U.S.-China trade war fears. Apple, Nvidia and Tesla dived on the stock market today.
After the Dow Jones plummeted over 2000 points on Friday, two days after Donald Trump's tariff announcement, several right-wing ‘MAGA’ commentators rushed to defend the president. ‘Look at the 5-year-chart’, one person wrote, suggesting American investors had gained long-term.
The Dow Jones got dragged into the depths on Friday, plummeting nearly 2,000 points. It’s the single worst day for equities since the pandemic selloff as the US kicks off a global trade war. China has announced its own retaliatory tariffs on the US, causing markets to brush off NFP.
Stock markets continued their slide on Friday morning, as the shockwaves of President Donald Trump's "Liberation Day" tariffs continued to reverberate around the globe. U.S. stock futures slipped further,
US stocks end sharply lower. Dow loses 1700 points. S&P 500 and Nasdaq have worst day since 2020 on worries Trump has sparked a hard-to-end trade war.
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Interestingly, consumer defensive stocks managed to gain some ground as traders searched for safe-haven assets. Utilities and healthcare stocks have also outperformed the broader market. The market’s move is so strong that some traders may be forced to liquidate their positions.
US equity futures are pointing towards more pain ahead on Wall Street after Thursday's rout wiped out over $2.5 trillion in market capitalisation. The Dow futures are currently trading 420 points lower,