Wall Street swerves lower after Trump announces tariffs and then puts some on hold
The S&P 500 was down 0.6% in midday trading after Asian and European indexes logged worse drops. The Dow Jones Industrial Average was down 39 points, or 0.1%, as of 11:45 a.m. Eastern time, and the Nasdaq composite was 1% lower.
ING Economics estimated that the proposed tariffs, if enacted, would raise annual spending costs for consumers by $835 per ...
The Fed kept rates on hold as expected and Chairman ... closing down 0.3%. Powell did address Wall Street, saying asset prices are elevated “by many metrics” and a “good part of that ...
President Donald Trump’s weekend announcement of tariffs on Mexico, Canada and China translated into a shock for market-based ...
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