US stocks opened sharply lower for a second day in a row after China retaliated against US tariffs in an escalating trade war, as Wall Street analysts warned about the rising risk of a recession.
The Dow Jones Industrial Average (^DJI) sank around 2.2%, or about 1,000 points,
We recently published a list of 10 Stocks Everyone is Talking About After Trump’s New Tariffs. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other stocks everyone is talking about after Trump’s new tariffs.
Countries are beginning to react to President Donald Trump’s new reciprocal tariffs and analysts believe things might not go according to the White House’s expectations,
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(Reuters) – The Dow fell 10% from its record closing high in December, putting it on track to confirm a correction on Friday, after China retaliated with fresh tariffs a day after the Trump administration announced sweeping levies on trade partners.
» Read more about: Dow on correction path as China strikes back against US tariffs »
US Stock Market LIVE: Wall Street on Friday, April 4, opened lower after China announced that it is set to impose 34 per cent additional tariffs on all imports from the United States in retaliation to US President Donald Trump’s reciprocal tariff announcement.
Investor fears rise for a potential escalation of a trade war between the United States and other nations.
Warren Buffett-led Berkshire Hathaway is reaching new all-time highs despite a year-to-date sell-off in major indexes like the S&P 500 and Nasdaq Composite.
» Read more about: 3 Warren Buffett Dividend Stocks That Are Built to Last »
WASHINGTON (AP) — U.S. employers added a surprising 228,000 jobs last month, showing that the American labor market was in solid shape as President Donald Trump embarked on a risky trade war with the rest of the world. The unemployment rate ticked up to 4.2%.
The hiring numbers were up from 117,000 in February and were nearly double the 130,000 that economists had expected.
Job growth accelerated sharply in March, greatly surpassing analysts’ expectations, while the unemployment rate saw a modest uptick.
According to Friday’s employment report from the Bureau of Labor Statistics (BLS), the U.S. economy added 228,000 jobs in March, compared to 117,000 in February, which was revised down from an initial estimate of 151,000.
» Read more about: US Jobs Growth Explodes in Major Win For Trump »
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» Read more about: Do Options Traders Know Something About DLocal (DLO) Stock We Don’t? »
U.S. stocks tumbled on Thursday after President Donald Trump announced his latest plan for tariffs, sparking fears of a global trade war.
The Dow Jones Industrial Average plunged more than 1,679.39 or 3.98%, while the S&P 500 and Nasdaq Composite fell 4.84% and 5.97%, respectively. The hardest hit sectors were consumer discretionary,
» Read more about: Dow sinks for second day as Trump’s tariffs rock global markets: Live Updates »