Wall Street Crash - Business Outrank

The stock market experienced a sharp decline on Thursday after Donald Trump announced his extensive new tariff program. The Dow Jones Industrial Average dropped 1,204 points to 2.9% during early trading and the S&P 500 declined by 3.3% at that time. The Nasdaq composite suffered the worst decline with a 4.3% drop because tech stocks absorbed the most significant impact. Apparel companies Nike, Macy’s and Gap experienced double-digit declines because of fresh levies that targeted China and Malaysia along with other major textile-producing countries. The Chinese manufacturing dependence of Apple caused an 8.2% stock drop while Amazon and Nvidia suffered losses of 6.9% and 4.9% respectively. According to Angelo Kourkafas of Edward Jones the market reaction represented the worst possible outcome because investors were not ready for this development. The new tariffs have created inflation concerns in the United States while also raising doubts about potential economic slowdowns from counter-tariff responses by affected nations. Market instability worsens because investors believe higher costs will reduce consumer spending. The market crash indicates growing worries about trade tensions that threaten worldwide economic stability. Market experts predict that the recent announcement will produce ongoing market instability throughout the upcoming days.

What's Hot

The country’s largest oil company has made a new plan. Indian Oil has planned to invest Rs 1.66 trillion in 5 years to increase business.

Myntra hiring 11,000 roles ahead of Big Fashion Festival to boost festive operations

Reliance Intelligence partners Google and Meta to transform AI in India

Virus Susceptibility in Species: Study Reveals Surprising Findings

Effective Yoga Poses to Naturally Manage Blood Sugar Levels

Health Budgets Of States Fall Below 8%, Missing National Health Policy Targets

The Connection Between Diet and Organic Skincare – Foods for Healthy Skin

Priyanka Chopra’s Stunning Desi Look Steals the Spotlight at Her Brother’s Wedding Festivities

Jana Nayagan: Vijay Wields a Whip in Stunning 2nd Look Poster, Thrilling Fans

Assam’s Jatin Goswami Honored with Padma Bhushan for Sattriya Legacy

Vijay Vikram Singh Urgently Appeals for Respect Amidst Intense Backlash from Rajat Dalal Fans: ‘I Am Not Bigg Boss

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Indian government approves Singapore Airlines bid to merge Vistara and Air India

Independence Day and Raksha Bandhan Fuel Airbnb Travel Rush

Virus Susceptibility in Species: Study Reveals Surprising Findings

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Bachchan’s ₹83 Crore Duplex Sale Sparks Unbelievable Investment Growth

Kartik Aaryan’s Fitness Secret: How He Achieved a Stunning Transformation

Browsing: Wall Street Crash

Wall Street Crash: Dow Jones Plummets Over 1,000 Points After Trump’s Tariffs

The country’s largest oil company has made a new plan. Indian Oil has planned to invest Rs 1.66 trillion in 5 years to increase business.

Myntra hiring 11,000 roles ahead of Big Fashion Festival to boost festive operations

Reliance Intelligence partners Google and Meta to transform AI in India

Intel faces uncertainty as Trump eyes bold intervention

Our Picks

The country’s largest oil company has made a new plan. Indian Oil has planned to invest Rs 1.66 trillion in 5 years to increase business.

Myntra hiring 11,000 roles ahead of Big Fashion Festival to boost festive operations

Reliance Intelligence partners Google and Meta to transform AI in India

Most Popular

The country’s largest oil company has made a new plan. Indian Oil has planned to invest Rs 1.66 trillion in 5 years to increase business.

Harvesting Hope: Rahul Gandhi’s Empathy in Action with Farmers before 2024 Elections

Is Modi Afraid? Congress Leader Accuses PM of Targeting Rahul Gandhi

Subscribe to Updates

What's Hot

Browsing: Wall Street Crash