Donald Trump’s sweeping tariffs trigger biggest one-day Wall Street fall since 2020 – as it happened | Trump tariffs
Wall Street’s worst day since 2020
Ouch! Wall Street has suffered its worst day since the early months of the Covid-19 pandemic.
As the closing bell rings out across the New York Stock Exchange, a brutal wave of selling has driven the main indices to their worst one-day falls in around five years.
The S&P 500 index is down 4.9% at the close, which Reuters flags is the biggest one-day drop since June 2020.
The Dow has also posted its biggest one-day drop since June 2020, down 4%.
Donald Trump’s claim today that the markets are going to boom has a rather hollow ring.
Especially as it was a particularly grim day for tech stocks – the Nasdaq tumbled 5.9%, its worst one-day performance since March 2020, when fears over the pandemic were…
