Tag Archives: S&P 500 decline

Global markets were rattled on Friday as US President Donald Trump’s aggressive tariff war triggered a massive sell-off, erasing more than $9 trillion in market capitalisation since his second-term inauguration on January 20. The Wall Street meltdown, the worst since the Covid -19 pandemic, sent shockwaves across global financial centres. The S&P 500 plunged nearly 6%, the Dow Jones Industrial …

Stock markets worldwide continued their decline on Friday after China retaliated against President Donald Trump’s latest round of tariffs, increasing concerns that the escalating trade war could push both the US and global economies into a recession.The Dow Jones Industrial Average plummeted more than 1,600 points, or 4%, following a steep 1,679-point drop the previous day. The S&P 500 also …

People work on the floor at the New York Stock Exchange in New York. (File photo) US stocks tumbled Monday as ongoing tariff disputes and concerns over a potential federal government shutdown fueled fears of a looming recession.Last week’s sharp selloff continued, gaining steam throughout the session, with all three major indexes posting steep losses.The S&P 500 is now down …