The Dow Jones Industrial Average reacted to U.S. President Donald Trump’s stance on reciprocity tariffs, briefly removing a 1,700-point morning loss, hitting more than 800 points, and then returning to 414 points.
Stocks are falling sharply, rising, and then falling again on Wall Street as markets try to assess potential losses caused by President Donald Trump’s global trade war.
The Dow Jones Industrial Average briefly removed 1,700-point morning losses, hitting more than 800, and then returned 414 points.
The S&P 500 also suddenly tilted up and down, down slashing 1.3% in the first hour of trading. Nasdaq Composites fell by 0.8%.
With concerns over whether Trump’s trade war will fish in the global economy, there has been a sharp decline around the world.
(This story has not been edited by DNA staff and published from PTI in addition to the title)
