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.
25 Articles
25 Articles
A wealth manager’s advice amid drops in the stock market
The immediate impact of recent tariffs by President Donald Trump’s administration on a list of countries has resulted in turbulent times for Wall Street. Big drops have resulted in many people looking at their stock portfolios and retirement accounts and calling their financial planners as a result. “It causes a little bit of fear and discomfort,” said Jesica Ray, a senior lead adviser at wealth management firm Brighton Jones in D.C. Ray said sh…

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...
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