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Wall Street’s sell-off kicks back into gear as Dow drops 500, S&P 500 falls 1.8%

  • Wall Street's sell-off continued as the Dow Jones Industrial Average dropped 500 points, or 1.2%, due to uncertainty surrounding tariffs announced by President Trump.
  • President Trump announced a delay until April 2 for tariffs on Mexican goods under the US-Mexico-Canada Trade Agreement, which caused markets to drop sharply as he did not mention Canada, prompting uncertainty among investors.
  • The Dow Jones Industrial Average fell by 500 points, or 1.2%, while the S&P 500 dropped 1.8% during late trading due to market volatility surrounding tariffs and economic concerns.
  • Companies like Macy's reported weaker revenue than expected, contributing to the market's decline as businesses face chaos due to uncertainty from Washington.
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Associated Press News broke the news in United States on Thursday, March 6, 2025.
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