S&P 500 drops 6% and Dow plunges 2,200 to close the worst week since 2020
- The Dow Jones dropped by 2,231 points, or 5.5%, marking the worst trading week since March 2020 due to uncertainty about President Donald Trump's tariffs.
- China announced a 34% tariff on all U.S. Goods, responding to Trump's trade policies, which caused significant market reactions.
- President Trump asserted that market uncertainty would be temporary and predicted a stronger economy following his trade policies.
- White House Press Secretary Karoline Leavitt encouraged trust in President Trump, stating, 'This is a president who is doubling down on his proven economic formula from his first term.
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Stock markets slump for second day running after Trump announces tariffs - in worst day for indexes since COVID
All three of the US's major indexes were down by more than 5% at market close on Friday, making for the worst day in American markets since the COVID-19 pandemic.
·United Kingdom
Read Full ArticleDow plunges 2,200 points, S&P 500, Nasdaq slammed on Trump’s high tariffs, recession, stagflation fears
The Dow Jones Industrial Average plummeted more than 2,200 points Friday over worsening sentiments toward President Donald Trump’s “Liberation Day” tariffs.
·Missoula, United States
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Total News Sources111
Leaning Left27Leaning Right7Center46Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 34%
C 57%
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