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The Dow Jones Industrial Average plunged 1,679 points, or 4%, to close at 40,546.
From CBS News
NBC News’ Christine Romans reports.
From NBC News
Trump announced a minimum tariff of 10% on global imports, with the tax rate running much higher on products from certain countries like China and those from the European Union.
From U.S. News & World Report

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$6.4 Trillion Gone in 48 Hours, Dow Takes Another 2,231 Point Nosedive Amid Trump Tariff Turmoil
The Dow Jones fell by 2,231 points, extending losses amid President Trump's tariff policies, leading to a significant market value loss and global trade concerns.
Dow Jones plunges more than 1,600 points as stock market recoils from Trump tariff shock
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
JUST IN: Dow Closes 2,200 Points Down Amid Trump Tariff Selloff, Ending Worst Week Since 2020
The drop ended the worst trading week since March 2020, when the Covid pandemic closed down much of the economy and sparked a selloff.
Markets plunge as trade war escalates
Over the past two days, more than $5 trillion of wealth has been erased from the U.S. stock market as investors react to the tariffs announced by President Trump. China’s retaliatory move today sent markets sliding.
Stock market plunges after Trump tariff announcement
The markets closed down around 4% after President Donald Trump’s announcement to slap reciprocal tariffs on global trading partners. The S&P 500 fell 4.8%, while the Nasdaq fell 6% — both their worst since 2020.
Dow plunges 2,000 as sell-off for markets slams into a scarier gear following Trump’s tariffs
The S&P 500 tumbled 5.7% as Wall Street’s worst crisis since the COVID crash deepened after China matched President Donald Trump’s big raise in tariffs announced earlier this week.
The Latest: Trump’s Tariffs Slam World Markets in the Biggest Blow Since the Pandemic Hit in 2020.
Asian shares slid further Friday after U.S. President Donald Trump’s tariffs sent shudders through Wall Street at a level of shock unseen since the COVID-19 pandemic pummeled world markets in 2020
Asian Stocks Slid After Wall Street Surrendered to a Hit by Trump's Tariffs
Asian markets are retreating after Wall Street led the biggest loss among world's markets over worries about U.S. President Donald Trump's tariffs
Dow Futures Slip After Global Markets Tumble on Trump Tariff Plans
The latest on global markets after Thursday's downturn, as investors digest President Trump’s tariff plans. Follow along for live updates on how the Dow, S&P 500 and Nasdaq are reacting.
Stock market rout deepens as Dow plunges more than 2,200 points and Nasdaq enters bear market
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Dow Jones Today: Dow Drops 2,200 Points, S&P Plunges 6%, Nasdaq Enters Bear Market as Tariff Turmoil Roils Stock Market
Stocks nosedived for the second straight day on Friday as fears grow that an escalating global trade war will cut into corporate profits and stall economic growth.
Investor's Business Daily on MSN2h
Dow Jones Futures: Trump Tariffs Drive Nasdaq Into Bear Market; Does This Gauge Signal Bottom Near?
The Trump tariff stock market rout has driven the Nasdaq into a bear market. Even resilient stocks cracked. Does market fear signal a bottom?
Down 7% in 2025, Here's Why This Blue Chip Dow Jones Dividend Stock Is a No-Brainer Buy Now
Home Depot (NYSE: HD) is one of just 30 components in the Dow Jones Industrial Average (DJINDICES: ^DJI). Like the majority of Dow stocks, Home Depot is an industry-leading business that pays a dividend,
Dow Jones Index Daily Report: Tariffs Still Weigh Down DJIA, but Nike Is Recovering
The Dow Jones Industrial Average (DJIA) index suffered another blow on Friday as markets continued to dive after President Donald Trump’s
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Dow Jones plunges over 2,200 points as tariff carnage roils global markets
Investors, businesses and consumers all seem terrified of how President Trump's tariffs could upend the global economy.
Dow drops 2,200 points Friday, S&P 500 loses 10% in 2 days as Trump's tariff rout deepens: Live updates
After dropping more than 6% in Friday's session, the VanEck Semiconductor ETF (SMH) tracked to end the week down more than 14%. That means the fund is slated to record its worst weekly performance since March 2020, when it dove more than 15%.
Revealing the Big Name Behind The 5 Worst Dow Jones Freefalls
He holds a record number of golf championships at his West Palm Beach International and all top 5 places in the DJ Drop index. He’s Making America Poor Again, he’s America’s Biggest (Stocks) Loser. He is DONALD TRUMP.
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