US stock market sinks lower after wild swings over Trump’s tariff plans | Financial Markets
Written by Black Hot Fire Network on April 8, 2025
President Trump threatens additional 50 percent tariff on China, as Beijing pledges to fight trade salvoes ‘to the end’.
US stocks have mostly closed lower after a day of wild swings in the market, as investors scrambled to make sense of United States President Donald Trump’s tariff plans.
The benchmark S&P 500 and Dow Jones Industrial Average on Monday fell 0.23 percent and 0.91 percent, respectively, racking up a third consecutive day of losses.
The tech-heavy Nasdaq Composite finished slightly up, rising 0 . . .