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.
62 Articles
62 Articles
Stocks fall on US tariff uncertainty
US and European stocks fell Monday as President Donald Trump’s new global tariff hike triggered a fresh wave of market turmoil. “Uncertainty is back,” one banker told the Financial Times, noting that the risk of escalation between Washington and its trading partners is higher than it was a year ago. The US Supreme Court’s ruling invalidating most of Trump’s tariffs — which he responded to by imposing a blanket 15% duty — threw global trade agree…
Dow Drops 822 Points After Trump Ramps Up New Tariffs
US stocks slumped Monday after President Trump ramped up his newest tariffs, while investors continued to punish companies that could be losers in the artificial-intelligence revolution. The S&P 500 sank 71.76 points, or 1% to 6,837.75. The Dow Jones Industrial Average dropped 821.91 points, or 1....
US stocks drop amid uncertainty over Trump’s tariff plans
US stocks fell in the wake of tariff tumult that saw the Supreme Court cancel a key part of President Trump’s tariff policy — only for him to vow new levies over the weekend — stoking fresh trade jitters as investors dumped companies seen as potential AI losers. The Dow Jones Industrial Average had fallen...
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.
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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