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Futures tied the Dow Jones Industrial Average were down 3% recently, indicating a decline of about 1,200 points at the open.
From Investopedia
Outside economists have warned that tariffs could slow the global economy, raise the risk of recession, and increase living costs for the average American family by thousands of dollars.
From Reuters
"In many cases, the friend is worse than the foe in terms of trade," Trump said.
From Reuters
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Investor's Business Daily on MSNDow Jones Plunges 1,400 Points On U.S.-China Trade War Fears; Apple, Nvidia, Tesla DiveThe Dow Jones Industrial Average and other major stock indexes plunged Friday as China retaliated against President Donald Trump's tariffs, sparking trade war fears. Up next, Wall Street awaits a jobs report and a speech from Federal Reserve Chairman Jerome Powell.
The Dow Jones index is set to drop 10% from its most recent peak, the usual definition of a market correction. It’s expected to drop more than 1300 points at the open, according to FactSet. The S&P 500 has already surpassed that mark.
Wall Street futures plunged Thursday morning after President Donald Trump unveiled a historic batch of reciprocal tariffs that could fuel an all-out trade war and batter economies around the world. Futures tied to the Dow Jones Industrial Average lost 1,214 points, or 2.86%, by about 9 a.m. ET.
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Investor's Business Daily on MSNDow Jones Futures Fall With Jobs Report, Powell Due After Trump Tariffs Spur Market's Worst Day Since 2020The S&P 500 and Nasdaq had their worst losses since 2020 while President Trump said his tariff plan is "going very well." The jobs report and Fed chief Jerome Powell loom.
This article explains why the falling Dow Jones index could rebound now that the fear and greed index has moved to extreme fear zone
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Dow, S&P 500, and Nasdaq 100 futures are falling in premarket trading as the stock market reels from a massive selloff following President Donald Trump's shock tariffs announcement.
Val Kilmer, the longtime Hollywood star known for roles in "Top Gun," "Heat" and "Tombstone," among other films, died this week. He was 65 years old. Kilmer, who battled throat cancer for several years, reportedly died from pneumonia, according to his family. He lost the ability to speak after ...
Thursday night's action follows the worst day since 2020 for each of the three major indexes. The Dow and S&P 500 dropped roughly 4% and 4.8%, respectively, while the technology-heavy Nasdaq Composite plunged nearly 6%.
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Mark Zuckerberg lost nearly $18 billion as the Dow crumbled 1,679 points. But a few billionaires added to their fortunes.A brutal selloff wiped a total of $3.1 trillion in market capitalization off the total U.S. stock market on Thursday, according to Dow Jones Market Data — the biggest plunge since a March 2020 loss of $3.5 trillion. Just behind Zuckerberg, was Amazon.com ...