Investors did not get the rebound from Thursday’s historic losses they may have hoped for, as stocks again slid considerably as the market digests President Donald Trump’s tariffs while China, the world’s second-largest economy,
Gold fell more than 3% on Friday, erasing gains from earlier in the week, as investors sold off bullion to cover their losses from a wider market meltdown as an intensifying trade war sparked concerns of a global recession.
The S&P 500 is down more than 13% since Trump won the election in November, with most losses concentrated since he announced his hawkish tariffs Wednesday.
U.S. stocks have had a rough go of it since President Donald Trump was sworn into office for his second term in January. Since Jan. 17, the Friday before Inauguration Day, the U.S. stock market has seen $9.
The first quarter of 2025 was quite a roller coaster for investors.
This comes after President Trump released his plans to impose a 10% tariff on all imported goods, along with 25% tariffs on imported vehicles.
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Tech moguls, once supporters of Donald Trump's presidency, are now reeling from massive financial losses as new tariffs cause a historic stock market selloff. Billionaires like Mark Zuckerberg, Jeff Bezos,
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