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Dow sinks 600 points. Stocks are on track for their worst quarter since 2023

  • Wall Street's main indexes dropped sharply, with the Dow Jones Industrial Average losing over 600 points, closing down 1.6% due to concerns over economic policies and inflation pressures.
  • The S&P 500 lost nearly 2% and the Nasdaq composite dropped 2.7%, indicating significant declines in the market.
  • President Donald Trump announced new 25% tariffs on auto imports effective April 2, igniting concerns over inflation.
  • Jordan Rizzuto stated that the reported data lends credence to the shift towards a more stagflationary environment.
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TSX down 400 points on Friday amid looming tariffs, inflation worries

Canadian and American markets tumbled Friday amid inflation worries and uncertainty over the scale and scope of the next round of U.S. tariffs set to kick in April 2.

·Kelowna, Canada
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  • 57% of the sources are Center
57% Center
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Stirile Antena 1 Observator broke the news in Romania on Thursday, March 27, 2025.
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