Joe.My.God. LGBT News
CNBC reports:
Stocks cratered Thursday after President Donald Trump unveiled sweeping tariffs of at least 10% and even higher for some countries, raising the risks of a global trade war that hits the already sputtering U.S. economy.
The S&P 500 dropped 3.4%, putting it on track for its worst day since September 2022. The Dow Jones Industrial Average tumbled 1,200 points, or more than 2%. The Nasdaq Composite slid 3.8%.
Shares of multinational companies tumbled in premarket trading. Nike and Apple dropped 11% and 7%, respectively. Big sellers of imported goods were among the hardest hit. Five Below lost 16%, Dollar Tree tumbled 11%, and Gap plunged nearly 12%.
Read the full article. Live Dow Jones ticker here.
Big drop in US stock markets on open.
Nasdaq down over 4 per cent. pic.twitter.com/dZ8illoZgi
— Amit Paranjape (@aparanjape) April 3, 2025
The Dow Jones Industrial Average plummeted 1,100 points, or 2.6%, while the S&P 500 tumbled 3.3%. The tech-heavy Nasdaq declined 4.3%. https://t.co/bhWoBoe5c9
— Andrew Stockey (@astockeyWTAE) April 3, 2025