US Stock Markets Sink For Fourth Consecutive Day

CNBC reports:

Stocks fell Tuesday as a relief rally proved short-lived and investor anxiety returned ahead of President Donald Trump’s next tariff deadline.

The Dow Jones Industrial Average dropped 320 points, or 0.84 %, bringing its four-day loss on tariff angst to nearly 5,000 points. Apple led the losses with the iPhone maker’s costs set to surge with new China tariffs. At its high of the day, the Dow was up 3.9%.

The S&P 500 declined 2.8% and was inches away from closing in a bear market with it down 19.9% from its February record. The Nasdaq Composite fell 3.4% after rising as much as 4.5% earlier in the day.

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Kevin Hassett: “But in the end, the president wrote the book ‘The Art of the Deal,’ and it’s a great book. I really enjoyed the book. And it shows how to get great deals. And that’s what he’s doing right now for the American people.” pic.twitter.com/4Afqu4jKau

— Aaron Rupar (@atrupar) April 8, 2025