Trump's tariffs hit US stock market
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The Wall Street Journal |
JPMorgan analysts raised their forecast of the likelihood of a recession to 60%.
Reuters |
Wall Street benchmarks slumped on Thursday, ending with the largest one-day percentage losses in years, as U.S. President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a g...
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Stocks plunged Thursday, turning in their worst performance since early in the Covid pandemic, as market participants reacted to President Donald Trump's announcement of wide-ranging tariffs against nearly all U.
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Dow, S&P 500, and Nasdaq 100 futures are falling in premarket trading as the stock market reels from a massive selloff following President Donald Trump's shock tariffs announcement.
The UK government has published a list of products it could plan to slap retaliatory tariffs on, in a sign it's potentially prepared to take a tougher stance than it has.
Palantir Technologies relisted its stock for that very purpose last year, and the decision paid off. The company was added to the Nasdaq-100 on Dec. 23, and its share price has since climbed 7% as of April 2, despite a decline in all three major U.S. stock market indexes over the same period.
The U.S. and global markets have already started to feel the impact of Trump’s tariffs, with the U.S. stock market taking the worst hit thus far. The Wall Street slump and global dip in stocks have sparked fresh fears in economists and concerns as to whether the U.