The Memo: Trump under pressure on tariffs as Dow sinks again
- Global markets plummeted following President Trump's imposition of tariffs on U.S. Foreign trade partners.
- President Trump's new tariffs on imports triggered the market selloff, prompting retaliatory tariffs from other countries.
- The Dow Jones fell, and analysts highlighted a rare sell-off signal last seen during the Great Depression.
- Ryan Detrick noted that a third consecutive day with the S&P 500 down 4% has only happened during the Great Depression.
- Economists suggest consumers will bear the cost of tariffs, while recession fears and potential impacts on corporate earnings grow.
58 Articles
58 Articles
Dow's Dizzying Descent: Market Turmoil Amid Tariff Tensions | Sports-Games
Dow's Dizzying Descent: Market Turmoil Amid Tariff Tensions The S&P 500 slipped under the 5,000-point mark for the first time in close to a year, erasing a promising early-day rally. Investors' hopes dwindled on any potential U.S. tariff relief before the looming midnight deadline, causing the benchmark index to fall by 1.6% on Tuesday. This slump marks a loss of $5.8 trillion since President Trump announced hefty tariffs on U.S. trade partners,…
Stock Market Today: Why the Dow Falling; S&P 500, Nasdaq Edge Lower; Trump Tariffs News; Palantir, Tesla, Nvidia, Super Micro, More Movers
The Dow, S&P 500, and Nasdaq were falling Tuesday, as the stock market remains on edge amid uncertainty around President Donald Trump's tariffs.
Jimmy Kimmel Jokes the Tariff Mess Means Trump Suggestions Like Injecting Bleach 'Were the Good Ideas'
Jimmy Kimmel was bummed out by the Dodgers visiting Donald Trump on Monday, but for him there was a silver lining to it — it “was a nice distraction for Trump from the fact that he is busy destroying the world economy,” Kimmel said during his monologue on Monday night. “It was another ‘tarrifying’ day on Wall Street. The Dow was down, the S&P was down. Cocaine was up,” Kimmel continued. “The S&P 500 has lost more than 10% of its total value sinc…
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