"Wall Street benchmarks experienced the largest one-day percentage losses in years, primarily fueled by President Trump's tariffs, which led to fears of a trade war."
"Investors turned to safer assets, selling off stocks as they reacted to the implications of Trump's economic policies, resulting in significant declines in major indices."
On April 3, 2025, Wall Street suffered massive declines as President Trump imposed sweeping tariffs, triggering fears of a global trade war and potential recession. The S&P 500 fell 4.85% while the Nasdaq dropped 5.99%, marking the worst one-day losses in years. Investors shifted towards government bonds, abandoning riskier assets in response to the tariffs affecting U.S. imports. This shift in market sentiment reflected a stark contrast from the previous optimism surrounding Trumpâs pro-business policies, with international responses including potential retaliation from China and the EU adding to market volatility expectations.
Read at www.amny.com
Unable to calculate read time
Collection
[
|
...
]