Trump, Wall Street
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“The Trump administration may be playing a game of chicken with trading partners, but market participants aren’t willing to wait around for the results. Instead, investors are selling first and askin...
From The Hill
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
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All across the world, as sell orders lit up screens on trading floors from Tokyo to London and New York, a sobering reality took hold: Donald Trump is serious about upending the global trading system — and it appears,
Global markets on Thursday were severely rattled by President Donald Trump’s historic tariff announcement, which threatens to throw the US and the rest of the world into a recession.
The S&P 500 and the Nasdaq Composite both closed higher on Tuesday, after a topsy-turvy day on Wall Street dominated by investor angst ahead of the impending tariff announcements from the Trump administration.
By Sruthi Shankar and Pranav Kashyap (Reuters) -Heavyweight technology stocks led a broad selloff on Wall Street on Thursday after President Donald Trump's sweeping tariffs on major trade partners ignited fears of an all-out trade war and raised the risk of a global economic recession.
Eastern time, the S&P 500 was down 3.3%, the Dow Jones Industrial Average was down 2.7%, and the Nasdaq Composite was 4.5% lower.
The S&P 500 sank 4.8%, more than in major markets across Asia and Europe, for its worst day since the pandemic crashed the economy in 2020. The Dow Jones Industrial Average dropped 1,679 points, or 4%, and the Nasdaq composite tumbled 6%.
5h
amNewYork on MSNWALL STREET BLOODBATH: Trump’s tariffs send stock markets plunging over recession fearsWall Street benchmarks slumped on Thursday, ending with the largest one-day percentage losses in years, as President Donald Trump’s sweeping tariffs ignited fears of an all-out trade war and a global economic recession.
Fear is taking over the share market but is this the best time to buy? The post Should I buy the NDQ ETF after Wall Street's crash? appeared first on The Motley Fool Australia.
By David French (Reuters) -Wall Street benchmarks slumped on Thursday, ending with the largest one-day percentage losses in years, as U.S. President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a global economic recession.