US EditionNasdaq On Track for Bear Market as Trump Tariff Stock Sell-Off Continues
- The Nasdaq Composite confirmed its entry into a bear market following two days of significant losses, with a decline of 11.4 percent over Thursday and Friday.
- China's finance ministry announced a 34 percent tariff on U.S. Goods beginning April 10, escalating trade tensions.
- Concerns over a global recession grew as President Donald Trump's tariffs prompted sharp stock declines, which included a 5.82 percent drop in the Nasdaq on Friday.
- The Dow Jones Industrial Average fell 9.3 percent over the two days, marking its largest drop since the pandemic.
Insights by Ground AI
Does this summary seem wrong?
38 Articles
38 Articles
All
Left
5
Center
8
Right
8
Trump tariff tailspin worsens, Nasdaq confirms in bear market
Wall Street nosedived for a second straight day on Friday, confirming the Nasdaq Composite was in a bear market and the Dow Jones Industrial Average was in a correction, as an escalating global trade war spurred the biggest losses since the pandemic.
·Beijing, China
Read Full Article
Coverage Details
Total News Sources38
Leaning Left5Leaning Right8Center8Last UpdatedBias Distribution38% Center, 38% Right
Bias Distribution
- 38% of the sources are Center, 38% of the sources lean Right
38% Right
L 24%
C 38%
R 38%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
