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Markets plunge with S&P 500 down 6% and Dow down 2,200

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US stocks were set to plunge Friday after China retaliated against the United States for President Donald Trump’s tariffs.
From CNN
With Trump announcing new tariffs this week, workers at carmaker Stellantis were worrying about their futures.
From Yahoo
A White House official said the president’s “full attention” was on the tariff policy Friday, noting he continued to send updates about conversations he had with foreign leaders.
From CNN

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Dow plunges 2,200 points as tariff tumult rocks markets
US stocks were battered by a steep sell-off Friday after China retaliated against the United States for President Donald Trump’s tariffs in a tit-for-tat that escalates a global trade war.
Markets Tumbled After Trump’s Tariffs
Springsteen announced today that he would release “Tracks II: The Lost Albums” in June. Of the 83 songs featured on these seven albums, 74 have never been released in any form. Among them are working tapes from Springsteen’s fruitful period before “Born in the U.S.A.” and a hip-hop-influenced album from the early 1990s.
Markets plunge with S&P 500 down 6% and Dow down 2,200 after China retaliates against Trump tariffs
Wall Street’s worst crisis since COVID slammed into a higher gear Friday. The S&P 500 lost 6% after China matched President Donald Trump’s big raise in tariffs announced earlier this week. The move increased the stakes in a trade war that could end with a recession that hurts everyone.
Stellantis to temporarily lay off 900 US workers as tariffs hit
STORY: With Trump announcing new tariffs this week, workers at carmaker Stellantis were worrying about their futures.The company announced Thursday it is temporarily laying off 900 workers at five U.S.
Dow plunges 2,000 as sell-off for markets slams into a scarier gear following Trump’s tariffs
The S&P 500 tumbled 5.7% as Wall Street’s worst crisis since the COVID crash deepened after China matched President Donald Trump’s big raise in tariffs announced earlier this week.
Trump's trade wars deepen as China retaliates and markets fall. Here's what to know
The trade wars launched by U.S. President Donald Trump have escalated to new heights. Just days after Trump unveiled sweeping new “reciprocal” tariffs on imports from around the world, China on Friday levied a retaliatory 34% tariff on all U.
Inside Trump’s defiant response to the markets’ tariff meltdown
President Donald Trump’s sweeping new tariffs are facing blowback from all corners – a market sell-off, foreign retaliation, anger from corporate America and skepticism from the Federal Reserve chairman and some allies in Congress.
Worst week for US stocks since Covid crash as China hits back on tariffs
The US president, who has vowed to remake the global trade order, dismissed concerns, noting the US jobs market is strong.
Trump Tariff Chaos: Stock Market Plunge Continues as China Retaliates With 34% Levy on U.S. Products
Stocks dropped sharply for a second day after China set retaliatory tariffs countering President Trump's own steep import duties.
Why Markets Are Melting Down
Step back from the chaos in markets and there are just two things to know to understand the direction and speed of the moves we’ve been seeing: Investors were [all-in on America](
Stock markets suffer worst losses since pandemic following Trump tariff plans
Stock markets continued to fall Friday as traders reacted to President Donald Trump's announced tariffs and the global response.
Trump’s trade wars deepen as China retaliates and markets fall. Here’s what to know
The trade wars launched by U.S. President Donald Trump are escalating to new heights. Just days after Trump unveiled sweeping new “reciprocal” tariffs on imports from around the world, China levied a retaliatory 34% tariff on all U.
Shell-shocked markets brace for more tariff tumult
By Lewis Krauskopf NEW YORK (Reuters) -Tariff-stunned markets face another week of potential tariff turmoil, with fallout from President Donald Trump's sweeping import levies keeping investors on edge after the worst week for U.
Tariffs are slamming financial markets. Mortgage rates won't fall as hard.
Uncertainty in financial markets pushes bond yields down, but keeps mortgage rates higher than they otherwise would be.
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Earnings at algorithmic-trading firm XTX Markets increased more than 50% last year as the firm’s revenue from market making and proprietary trading jumped.
Next up for markets: A crisis of confidence in the dollar
In times of market panic investors tend to rush to the safety of the dollar, but when stocks swooned in response to U.S. tariffs this week, they ran away from it. Investors say it's a sign that the greenback’s global standing may be eroding.
Tariffs on imported goods lead to price hikes at Bay Area Asian markets
Walk into almost any Asian market in the Bay Area, and you're likely to encounter products imported by Taylor Chow, a local importer who sources food from various parts of Asia.
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