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The Dow Jones Industrial Average became the last of the three major indexes to enter a correction, defined as a decline of 10% or more from a closing peak.
From The Wall Street Journal
The tariffs will take effect on April 9 and appeared to target about 60 countries.
From Reuters
Shares slid again on Friday as markets continued to react to the uncertainty surrounding the economic impact of US tariffs.
From BBC
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The Dow Jones Industrial Average, the S&P 500, and the Nasdaq continued their selloff Friday after Trump’s “Liberation Day” tariffs.
Stocks nosedived for the second straight day on Friday as fears grow that an escalating global trade war will cut into corporate profits and stall economic growth.
The S&P’s 9% loss since last Friday makes this stocks’ worst week since March 2020 and the fifth-worst week of the last 20 years, trailing only losses sustained in October 2008 and early 2020.
Markets are facing their worst crisis since the COVID crash after China matched President Donald Trump’s big raise in tariffs following the president's "liberation day" announcement.
U.S. stocks took it on the chin this week as President Trump's tariffs and the threat of retaliation spooked investors. But some see a silver lining.
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The stock market and some Arizona companies took it on the chin after Trump announced tariffs that could slow the economy and raise consumer prices.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
The Dow Jones Industrial Average was plummeting more than 2,000 points on Friday afternoon, hitting a fresh session low amid a brutal selloff in the U.S. stock market. The Dow was down 2,078 points, or 5.