Dow, S&P 500, Nasdaq slide as Trump’s latest tariff salvo reverberates through markets.
Growing uncertainty about the global trade landscape is unsettling markets amid debate about Trump’s next moves and reaction from countries that have signed US trade pacts.
The Supreme Court’s invalidation of many US tariffs on Friday initially fueled trade hopes and buoyed stocks. But Wall Street gauges and the dollar (DX-Y.NYB) are starting the week on the back foot after Trump said Saturday that the US will lift the baseline tariff rate on imports to 15%, effective immediately.
==
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
Connect with us:
— Facebook: https://www.facebook.com/yahoofinance
— X/Twitter: https://x.com/YahooFinance
— Instagram: https://www.instagram.com/yahoofinance/
— TikTok: https://www.tiktok.com/@yahoofinance
— LinkedIn: https://www.linkedin.com/company/yahoo-finance
See the Latest News & Data:
https://finance.yahoo.com/
Get the Yahoo Finance App:
— iOS (https://apple.co/3Rten0R)
— Android (https://bit.ly/3t8UnXO)
