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Dow sinks 600 points. Stocks are on track for their worst quarter since 2023

  • Wall Street faced significant losses due to fears of worsening inflation and a slowing U.S. Economy, with the Dow Jones Industrial Average down 719 points, or 1.7%.
  • Lululemon Athletica's stock fell 15.4% despite reporting stronger profits than expected, marking one of its worst days in more than a year.
  • A survey by the University of Michigan revealed that two out of three U.S. Consumers expect unemployment to worsen, the highest sentiment since 2009, raising concerns about the job market.
  • The stock markets worldwide are likely to remain unstable as a deadline approaches for new tariffs announced by President Donald Trump.
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TSX down 400 points on Friday amid looming tariffs, inflation worries

Canadian and American markets tumbled Friday amid inflation worries and uncertainty over the scale and scope of the next round of U.S. tariffs set to kick in April 2.

·Kelowna, Canada
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  • 57% of the sources are Center
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Stirile Antena 1 Observator broke the news in Romania on Thursday, March 27, 2025.
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