Stock futures plunge
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U.S. stock futures plummeted on Sunday evening as the Trump administration showed no signs of backing off from a wide-ranging plan to impose tariffs.
The New York Times |
Bank economists have raised the odds that a recession will hit the United States over the next 12 months.
The Financial Times |
Japan’s huge Monday sell-off was led by heavy drops in the shares of the country’s three largest banks — stocks viewed a proxy for the country’s vulnerability to a global trade war, recession and the ...
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Investors, businesses and consumers all seem terrified of how President Trump's tariffs could upend the global economy.
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.
Futures linked to indices on Wall Street have tanked on Sunday evening, pointing to further price damage after a two-day sell-off wiped out over $5 trillion in investor wealth. Lack of clarity and defiance from the Trump administration on tariffs have dented investor sentiment further.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
The U.S. stock market was plummeting midday Friday, with the S&P 500 on pace for its worst week since March 2020, when equities were plunging during the COVID-19 crisis. The Dow Jones Industrial Average was tumbling about 1,
The U.S. stock market closed Friday with big losses, with the Dow Jones Industrial Average ending in correction territory and Nasdaq Composite landing in bear market on tariff fears. The Dow tumbled more than 2,
U.S. stocks open sharply lower again after China hit back with its own tariff to match Trump's. Dow sheds 1,100 points and Nasdaq enters bear market.
The Dow Jones Industrial Average plunged 1,581 points, or 3.8%, to 40,634, in morning trade Thursday as spooked investors tried to assess the impact of the latest round of Trump administration tariffs.