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struggle4progress

(125,389 posts)

2. US stocks, dollar tumble

Reply to struggle4progress (Original post)

Thu Apr 10, 2025, 10:16 PM

Apr 2025

New York
CNN
—
The US stock market tumbled deeply into the red on Thursday as the White House clarified its plan for a massive 145% tariff on China, escalating a trade war.

The Dow, after rising nearly 3,000 points Wednesday, had a volatile day in the red on Thursday. The blue-chip index fell 1,015 points, or 2.5%, pulling back after tumbling as much as 2,100 points midday.

The S&P 500 fell 3.46% and the Nasdaq Composite slid 4.31%. The S&P 500 was coming off its best day since 2008, and the Nasdaq on Wednesday posted its second-best daily gains in history ...

https://www.cnn.com/2025/04/10/investing/us-stock-market-dow-tariffs/index.html

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Highlight:

Dow slides 1,000 points, Nasdaq, S&P 500 clobbered as stocks resume tariff sell-off [View all] struggle4progress Apr 2025 OP

'Losing money costs you nothing' struggle4progress Apr 2025 #1

US stocks, dollar tumble struggle4progress Apr 2025 #2

manipulating stock markets? struggle4progress Apr 2025 #3

What many are missing, including Trump, is tariffs are the trigger not the whole mechanism. Individual consumers now... dutch777 Apr 2025 #4