Dow Jones falls more than 1,000 points amid Trump tariff announcements
- Wall Street experienced a dark day on Thursday, April 10, with major declines across stock indexes.
- Fears and uncertainty surrounding tariffs imposed by the Trump Administration triggered the market declines.
- The Dow Jones fell over 1,000 points, while the NASDAQ and S&P 500 both dropped by 3%, reversing Wednesday's gains.
- China vowed to impose a 125% tariff on American goods, and Collins stated tariffs tend to increase the cost of consumption.
- The market fluctuations and high volatility made investors uncomfortable, as the Fed's path forward is less clear given ongoing trade negotiations.
19 Articles
19 Articles
Dow Jones falls more than 1,000 points amid Trump tariff announcements
Over the last week, the stock market has experienced significant fluctuations in response to President Donald Trump’s tariffs. The Dow Jones Industrial Average saw falls and spikes, aligning closely with tariff announcements.Trump imposed 145% tariffs on imported goods from China while pausing tariffs for 90 days on other countries.Dr. Taylor Collins, an associate professor of economics at the University of the Incarnate Word, explains the compl…
Dow Jones Dives 1,000 Points Amid Trump Tariff Fallout; Netflix, Spotify Are Best Stocks To Watch
The Dow Jones Industrial Average dived 1,000 points Thursday, but ended off its lows. Netflix and Spotify show new buy points. The post Dow Jones Dives 1,000 Points Amid Trump Tariff Fallout; Netflix, Spotify Are Best Stocks To Watch appeared first on Investor's Business Daily.
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