this post was submitted on 05 Apr 2025
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U.S. stocks take a historic plunge after Trump's tariffs shock global trade (www.nbcnews.com)
submitted 2 weeks ago by AlbigensianGhoul@lemmygrad.ml to c/worldnews@lemmygrad.ml
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The broad-based S&P 500 index plunged nearly 5% — a roughly $2 trillion wipeout — for its biggest one-day drop since June 2020, amid the depths of the Covid-19 pandemic. The Dow Jones Industrial Average likewise had its worst day since the same month five years ago, closing 4% lower. The tech-heavy Nasdaq plummeted 6%, its biggest decline since March 2020.

A second COVID has hit the stock market.

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[–] NothingButBits@lemmygrad.ml 15 points 2 weeks ago (1 children)

Oh thank you Mr President, I'm so tired of winning. Seriously I want to lose some now, please stop the carnage.

[–] stink@lemmygrad.ml 5 points 2 weeks ago

Saw this yesterday and had a laugh

[–] salmoura@lemmy.eco.br 8 points 2 weeks ago (1 children)

Is this the dip we buy?

[–] Bart@lemmygrad.ml 2 points 2 weeks ago

😂