Fri, 04 Apr 2025 07:15:05 GMT
Trump tariffs crush S&P500
On Thursday, the S&P 500 lost $2.4 trillion in value, marking its biggest one-day drop since the market crash during the early days of the COVID-19 pandemic in March 2020. The selloff was triggered by comments from U.S. President Donald Trump, who raised fears of a full-blown trade war, particularly with China. These concerns led to worries about a global