US Stocks Plunge After Tariff Move, S&P 500 Sees Biggest Decline Since 2020

The Dow Jones Industrial Average ended the day down 4 per cent. Washington: US stocks plunged Thursday as traders reacted to Donald Trump’s sweeping tariff announcement a day earlier, with the broad-based S&P 500 recording its biggest one-day decline since 2020. The widely watched Wall Street index closed down 4.8 per cent at 5,396.52 — … Read more

Gold Prices In US Hit New High After Trump’s Bombshell Tariff Announcement

Washington: Stocks slumped, bonds surged, and gold hit a new high as markets braced for the impact of US President Donald Trump’s sweeping reciprocal tariffs on Thursday. Trump announced a baseline 10 per cent tariff on all imports with far higher levies on some trading partners, particularly in Asia. US stock futures were under pressure … Read more