Trump’s Tariffs Are Crushing the Stock Market: Here’s What All Investors Need to Know
From Nasdaq: 2025-04-03 12:10:00
The stock market took a major hit due to President Trump’s reciprocal tariffs, with the Dow down 3.5%, the S&P 500 down 4%, and Nasdaq down 5.1%. The Russell 2000 index is in bear market territory, down nearly 6% for the day and 21% off its high. Trump announced tariffs on over 180 countries, with rates much higher than expected. Stocks plunged on the news, with companies selling imported goods hit hard. Tech, retail, and international markets impacted, REITs and some international companies holding up better. Uncertainty surrounds future market movements and interest rates. Investors advised not to panic but to consider new opportunities.
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