tariffs, market correction territory
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Stocks tumbled after President Trump announced sweeping tariffs on nearly all U.S. imports, a move economists warn could stoke inflation and stunt economic growth.
From Investopedia
Donald Trump’s top economic officials vowed to press ahead with bruising tariffs on imports from around the world, rejecting fears of a looming recession as investors braced for new turmoil in financi...
From The Financial Times
U.S. stock futures plunged Sunday evening, an indication that the market turmoil that began last week will continue when trading opens Monday.
From NBC News
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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
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
The tariff announcement from the White House that led to the biggest weekly drop in the stock market since COVID may have been the result of a simple error.
Some of Donald Trump's top officials were pressed on the stock market's hits since the president unveiled wide-reaching tariffs.
Bessent said "what I've been very impressed with is the market infrastructure, that we had record volume on Friday."
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1don MSN
Trump also slammed China, which retaliated against his sweeping tariff policy Friday with a new 34% tariff on U.S. goods.
The market reacted the past two days to Trump's Wednesday announcement that a 10% baseline tariff on imported goods goes into effect Saturday.
Live's Weekend Update has jokes aplenty about Morgan Wallen's abrupt departure last week as the show's credits began rolling.
StubHub, which filed for an IPO in March, decided to delay a meeting scheduled next week with prospective investors after the S&P 500 dropped by nearly 5% on Thursday, and the company was concerned about launching an IPO while the U.S. markets were volatile, the Journal reported.