Prices fell for everything from crude oil to Big Tech stocks to small companies that invest only in U.S. real estate. Even gold pulled lower.

US stocks open sharply down. Trump surprises with tariff plan that could mean trade war. Dow loses 1,100 pts. S&P 500 headed for worst day in 2 years.

US stocks nosedived on Thursday, with the Dow tumbling more than 1,300 points as President Trump's surprisingly steep "Liberation Day" tariffs sent shockwaves through markets worldwide. The two-step approach to tariffs unveiled by Trump on Wednesday ...

The S&P 500 was down 4% in morning trading, worse than the drops for other major stock markets. The Dow Jones Industrial Average was down 1,520 points, or 3.6%, as of 10:10 a.m. Eastern time, and the Nasdaq composite was 4.0% lower.

Lately, U.S. stocks have been pretty volatile intraday, with large swings a fairly common occurrence. On both Tuesday and Wednesday, early selloffs quickly reversed. But so far on Thursday, there have been no signs that the selling might let up.

U.S. stocks plunged at the opening bell Thursday after Trump rocked global markets by announcing tariffs on almost all imports into the country.

Stock markets on Thursday were severely rattled by President Donald Trump’s historic tariff announcement, which threatened to plunge the US and global economies into a recession.