Dow Drops 650 Points as Trump’s Tariffs Spark Economic Concerns
Stock Market Plunges as Trump Confirms Tariff Implementation The U.S. stock market tumbled on Monday as President Donald Trump announced that new tariffs on Canada and Mexico would take effect within hours. The S&P 500 fell 1.8%, erasing more gains from its post-election rally, while the Dow Jones Industrial Average dropped 649 points (1.5%), and […]
“Wall Street Today: Mixed Results as Fashion and Tobacco Stocks Shine While Ford and Qualcomm Slide”
Wall Street wrapped up Thursday’s trading with a mixed performance, as rising fashion and tobacco stocks balanced out declines in Ford Motor and Qualcomm. Key Market Highlights Fashion and Tobacco Stocks Lead Gains Tapestry, the parent company of Coach and Kate Spade, surged 12% following stronger-than-expected quarterly profits driven by a younger customer base. The […]