US Stocks Dive As Trump’s Tariffs Wreak Havoc on Markets
US stocks ended their worst day in almost five years on Thursday, with investors rattled by President Donald Trump’s tariffs and the looming prospect of a bruising global trade war.
The market cratered at the open, with the sell-off gaining steam throughout the session. By the closing bell, the S&P 500 had lost nearly 5%, its worst single-day loss since June 2020.
Here’s where major US indexes stood at the 4:00 p.m. closing bell on Thursday:
S&P 500: 5,396.60, down 4.84%
Dow Jones Industrial Average: 40,545.87, down 3.98% (-1,679.45 points)
Nasdaq Composite: 16,550.61, down 5.97%
Treasury yields plunged as investors sought safety amid the chaos and as markets eyed greater odds of a recession. The 10-year US…
