Stock market drops 300 points due to concern over tariffs; jobless claims and GDP positive.
From Dow Jones & Company: 2025-03-27 09:50:00
Wall Street started with a mixed outlook, but major indexes fell within the first 10 minutes of trading. Nasdaq Composite and S&P 500 dropped 0.7%, while the Dow was down 300 points. Jobless claims and GDP growth were better than expected, suggesting a solid labor market despite ongoing tariff concerns.