Donald Trump, stock market and Dow Jones industrial average
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Stock markets worldwide are careening even lower Friday after China matched President Donald Trump’s big raise in tariffs in an escalating trade war.
From The Associated Press - Business News
S&P 500 companies lost a combined $2.4 trillion in stock market value in Thursday's selloff on Wall Street, their biggest one-day loss in value since the emerging coronavirus pandemic sent global mar...
From Reuters
The sweeping new tariffs announced by President Donald Trump on Wednesday triggered a slump in global stock markets, with the US S&P 500 having its worst day since the impact of Covid in 2020.
From BBC
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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.
The stock market is headed for its largest drop in market value in more than five years. The U.S. market had lost roughly $2.7 trillion in market capitalization as of Thursday morning, according to Dow Jones Market Data.
Fox News is pushing back against viral claims it removed a stock market ticker from its broadcast after liberal critics accused the media giant of covering up the current realities of the stock market,
14h
24/7 Wall St. on MSNLive Updates: Nasdaq Composite Crashes Into Bear MarketLive Updates Live Coverage Updates appear automatically as they are published. Markets Still Down Big But Glimmers of Hope Emerge 11:58 am As we approach noon, major indexes are down 3.5% to 5%. That brings the two-day sell-off to between 6.
The network received similar criticisms on social media last summer when the ticker showing an increase in the DOW above 40,000 disappeared from the screen as Trump stated the market would “crash” if then-candidate Kamala Harris was elected.
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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.
Economic growth is on track to almost stall in the first three months of this year, according to the latest estimate from the Atlanta Fed’s GDPNow model. The model forecasts annualized economic growth of just 0.
Dow was down 4.8% in past two days, strongly pressured by risk aversion as markets fear of deeper crisis that US tariffs and counter measures could cause on global economy. From the technical point of view,