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Dow Sinks More than 800 Points as Tariff Uncertainty Roils Markets

  • On February 23, 2026, the U.S. Supreme Court limited the president's tariff power under a 1977 law, prompting Trump to pledge a 15% global duty scheduled for Tuesday.
  • Rising policy uncertainty prompted concerns that global trade uncertainty has resurfaced, weighing on U.S. assets, according to analysts.
  • Futures trading showed losses as the London-time S&P 500 futures fell 0.5%, Nasdaq 100 contracts declined 0.7%, and the Bloomberg Dollar Spot Index slid 0.2% while the euro rose to $1.1818 T.
  • European Union lawmakers said they planned to freeze a trade deal with the United States, and Indian trade officials postponed a U.S. trip, with duties expiring in 150 days unless Congress acts.
  • Analysts cautioned that the dollar could slide further and S&P underperformance may deepen as investors price in trade risk and watch the State of the Union address on Tuesday.
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Dow tumbles more than 800 points as tariff uncertainty and AI disruption fears roil markets

Stocks fell, gold moved higher and volatility picked up Monday as uncertainty about President Donald Trump’s new proposed tariffs and nerves about artificial intelligence weighed on Wall Street.

·Atlanta, United States
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The three major stock indices on the New York Stock Exchange opened lower due to tariff uncertainty. As of 10:23 a.m. on the 23rd (Eastern Standard Time), the Dow Jones Industrial Average, a group of blue-chip stocks on the New York Stock Exchange (NYSE), closed at 48,966.18, down 659.79 points, or 1.33%, from the previous day. The S&P 500 Index fell 44.27 points, or 0.64%, to 6,865.24, and the Nasdaq Composite Index fell 132.54 points, or 0.58%…

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Barchart.com broke the news in on Monday, February 23, 2026.
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