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TSX drops more than 500 points as U.S. tariff concerns continue

  • North American stock markets closed with mixed results on Monday, April 7, 2025, as tariff concerns continued to affect markets.
  • U.S. President Trump's recent tariff announcements and threats of more tariffs on China spurred market volatility.
  • Markets experienced a steep selloff initially, followed by a spike, but gains diminished after 'fake news' refuted a tariff pause.
  • The S&P/TSX composite fell 334.01 points to 22,859.46, while the Dow Jones dropped 349.26 points to 37,965.60 in New York.
  • Analysts suggest tariffs could increase inflation and recession risks, leading to volatility and difficult investment decisions for companies.
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Markets mixed after volatile trading day amid ongoing U.S. tariffs concerns

North American stock markets muddled to a mixed close Monday as the effects of U.S. President Donald Trump's latest tariff announcement continued to reverberate. Markets began the day with a steep selloff, before suddenly spiking higher in the morning — the S&P 500 briefly rose 3.4 per...

·Kelowna, Canada
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tickerreport.com broke the news in on Sunday, April 6, 2025.
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