this post was submitted on 05 Apr 2025
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U.S. stocks take a historic plunge after Trump's tariffs shock global trade (www.nbcnews.com)
submitted 1 month ago by AlbigensianGhoul@lemmygrad.ml to c/worldnews@lemmygrad.ml
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The broad-based S&P 500 index plunged nearly 5% — a roughly $2 trillion wipeout — for its biggest one-day drop since June 2020, amid the depths of the Covid-19 pandemic. The Dow Jones Industrial Average likewise had its worst day since the same month five years ago, closing 4% lower. The tech-heavy Nasdaq plummeted 6%, its biggest decline since March 2020.

A second COVID has hit the stock market.

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[–] Bart@lemmygrad.ml 2 points 1 month ago

😂