Friday saw another heavy blow on Wall Street, falling to a point that even Trump wouldn't recognize!
Stock markets plummeted after China announced severe retaliatory taxes in response to Trump's "Liberation Day" tariffs, posing a threat of a global trade war.
The Dow Jones Industrial Average fell nearly 1000 points soon after the opening, following a drop of 1679 points the previous day, marking its worst performance since the outbreak of COVID-19 in 2020.
The technology-heavy Nasdaq index dropped about 500 points, a decline of 2.3%, while the broad-based S&P 500 index fell 130 points, a drop of 2.4%.
Original Source: https://www.toutiao.com/article/1828513794972939/
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