After the stock market plunged Wednesday following President Trump's newest tariffs, many Americans are seeing their retirement savings, particularly in 401(k) plans, take a hit.

President Donald Trump’s “Liberation Day” tariffs plunged the stock market into the red Thursday, marking its worst day since the COVID-19 pandemic began in 2020. The Dow Jones Industrial Average fell nearly 4%,

Roughly $2.5 trillion was erased from the S&P 500 Index on Thursday amid worries that President Donald Trump’s sweeping new round of tariffs could plunge the economy into a recession.

Trump Media & Technology Group filed papers with the U.S. Securities and Exchange Commission on Wednesday that would allow President Donald Trump's trust to sell stock that could be worth $2.3 billion,

Trump's social media company filed paperwork with the Securities and Exchange Commission that could allow the president's trust to sell more than $2 billion of shares.

Key Takeaways Trump Media stock fell Wednesday after a regulatory filing raised worries insiders including President Trump could sell shares.The company denied Trump's trust has any intention of selling shares,