Trump's tariffs hit US stocks hard, Nasdaq plunged more than 1,000 points
the U.S. stock market fell sharply in early trading on Thursday, with the Dow Jones Industrial Average plummeting more than 1500 points and the Nasdaq falling more than 1000 points. U.S. President Trump announced additional "equal tariffs" of 10% to 49% on almost all countries, which could trigger a global trade war and severely damage the already weak U.S. economy. The number of initial jobless claims in the U.S. unexpectedly dropped last week. Trump's tariffs and the OPEC+ production increase plan have caused oil prices to plummet. The Dow fell by 1543.14 points, or 3.65%, to 40682.18 points; the Nasdaq dropped 1004.16 points, or 5.71%, to 16596.89 points; and the S&P 500 index fell by 246.47 points, or 4.35%, to 5424.50 points.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tether holds 66% of stablecoin market with $14B profit

Arizona moves closer to creating a $1 billion Bitcoin reserve

Rice Robotics launches Floki-themed AI robot and RICE token airdrop

Crypto ETPs post $3.4 billion in weekly inflows

Trending news
MoreCrypto prices
More








