US EditionS&P 500 drops 6% and Dow plunges 2,200 to close the worst week since 2020
- The S&P 500 fell 6%, closing Wall Street's worst week since March 2020, as China matched U.S. Tariffs, leading to increased market losses.
- The Dow Jones Industrial Average dropped 2,231 points, or 5.5%, and the Nasdaq composite tumbled 5.8%, both significantly down from their records.
- Fed Chair Jerome Powell warned that tariffs could raise inflation expectations, indicating a potential risk to the economy.
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Stock markets slump for second day running after Trump announces tariffs - in worst day for indexes since COVID
All three of the US's major indexes were down by more than 5% at market close on Friday, making for the worst day in American markets since the COVID-19 pandemic.
·United Kingdom
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Total News Sources134
Leaning Left29Leaning Right9Center57Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 31%
C 60%
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