US EditionNasdaq On Track for Bear Market as Trump Tariff Stock Sell-Off Continues
- The Nasdaq Composite confirmed its entry into a bear market following two days of significant losses, with a decline of 11.4 percent over Thursday and Friday.
- China's finance ministry announced a 34 percent tariff on U.S. Goods beginning April 10, escalating trade tensions.
- Concerns over a global recession grew as President Donald Trump's tariffs prompted sharp stock declines, which included a 5.82 percent drop in the Nasdaq on Friday.
- The Dow Jones Industrial Average fell 9.3 percent over the two days, marking its largest drop since the pandemic.
38 Articles
38 Articles
Is Trump a Bigger Threat to America than Usama Bin Laden and al-Qaeda?
Ann Arbor (Informed Comment) – Donald Trump has inflicted more damage on the United States’s markets than did Usam Bin Laden and al-Qaeda on 9/11. The attacks of that date caused the US financial authorities to to close down the NYSE and the Nasdaq for a week, until September 17. This was unprecedented. When trading resumed that week of September 17, 2001, Marc Davis explains at Investopedia, over the following five days, the Dow Jones average d…
Trump tariff tailspin worsens, Nasdaq confirms in bear market
Wall Street nosedived for a second straight day on Friday, confirming the Nasdaq Composite was in a bear market and the Dow Jones Industrial Average was in a correction, as an escalating global trade war spurred the biggest losses since the pandemic.
Dow Jones Futures: Trump Tariffs Drive Nasdaq Into Bear Market; Does This Gauge Signal Bottom Near?
The Trump tariff stock market rout has driven the Nasdaq into a bear market. Even resilient stocks cracked. Does market fear signal a bottom? The post Dow Jones Futures: Trump Tariffs Drive Nasdaq Into Bear Market; Does This Gauge Signal Bottom Near? appeared first on Investor's Business Daily.
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