Trump, stock market
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U.S. stocks ended another tumultuous day lower as markets reel from President Donald Trump’s latest threats to crank his tariffs higher.
From The Associated Press
President Trump then told media aboard Air Force One: “I don't want anything to go down, but sometimes you have to take medicine to fix something.”
From Yahoo
World leaders are now scrambling to respond, with some now negotiating with Trump to lower their rates.
From BBC
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President Donald Trump warned Americans in 2024 that a vote for Vice President Kamala Harris would be a vote for a market meltdown.
The trading curbs go into effect when the S&P 500 crosses certain thresholds during extreme market volatility.
Investors have panned President Trump's tariffs, saying they are likely to hit U.S. economic growth and drive up inflation. Goldman Sachs economists cited the barrage of levies on Monday in raising the odds of a recession to 45%.
Indonesia's stock market dropped 9% in early trade on Tuesday, triggering a 30-minute trading halt, and the rupiah fell 1.8% to a record low as markets reopened after an extended holiday break and reacted to the global market turmoil caused by U.
The huge swings rocking Wall Street and the global economy may feel far from normal. But, for investing at least, drops of this size have happened often throughout history.
2don MSN
Top forecasters on Wall Street are eying the risk of a recession, a global slowdown, and further stock drops ahead.
1don MSN
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
The economic gloom and doom sweeping markets since Trump's tariff announcement is hammering the Russell 2000 index of small companies. Futures tied to the Russell 2000 were