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.
China slapped a 34% tariff on U.S. goods starting April 10 in retaliation to Trump's tariff plans. Global markets tumble as the trade war begins. Follow along for live updates on how the Dow, S&P 500 and Nasdaq are reacting.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
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.
The Dow Jones Industrial Average (DJIA) index suffered another blow on Friday as markets continued to dive after President Donald Trump’s
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Stock markets worldwide careened even lower after China matched President Trump’s big raise in tariffs in an escalating trade war.
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The Dow Jones Industrial Average became the last of the major stock indexes to confirm a correction on Friday as markets continued to reel from President Trump's sweeping reciprocal tariffs.
US stocks end sharply lower. Dow loses 1700 points. S&P 500 and Nasdaq have worst day since 2020 on worries Trump has sparked a hard-to-end trade war.
China to apply 34% tariff on U.S. goods. Nasdaq falls into bear-market territory, while oil sinks.