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.
204 Articles
204 Articles
Trump administration gets into a dangerous game on the stock market
The Trump administration has been extraordinarily indifferent to the fall of the actions. “I can assure you that corrections are healthy, they are normal,” said Scott Bessent, US Treasury Secretary, on March 16, in the government’s latest indifference. The small rise in the prolonged rise in the US stock market (the S&P 500 index has dropped by 8% since its historic peak in February) may have been triggered by Donald Trump’s enthusiasm for tarif…

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.
US stocks plunge on tariff fears, inflation data
NEW YORK, United States — Wall Street stocks plummeted Friday, with all three major indexes ending the day sharply lower in anticipation of a fresh wave of tariffs by US President Donald Trump next week. The Dow Jones Industrial Average tumbled 1.7 percent to 41,583.90, while the broad-based S&P 500 Index lost 2.0 percent at
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