Stock market plummets in reaction to Trump's tariffs
April 7, 2025
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1:11Now PlayingStock market plummets in reaction to Trump's tariffs
YouTube Description
as posted by the channelU.S. stocks sank Monday as the financial turmoil that began last week following President Donald Trump's shock tariffs announcement continue to rip through markets.
The S&P 500 opened down 4%, entering "bear market" territory as it officially fell to below 20% from its most recent high. The tech-heavy Nasdaq declined more than 4.5%. The Dow Jones Industrial Average lost 3.78% or 1,200 points.
The sting of Trump's sweeping tariffs reverberated around the world overnight across the major indexes in Europe and Asia, where markets opened to a bloodbath and automatic circuit breakers triggered in some places to stop stocks crashing.
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