Markets plunge with S&P 500 down 6% and Dow down 2,200 after China retaliates against Trump tariffs
apnews.com
Wall Street’s worst crisis since COVID slammed into a higher gear. The S&P 500 plummeted 6% Friday, the Dow Jones Industrial Average plunged 5.5% and the Nasdaq composite dropped 5.8%.
  • venusaur@lemmy.worldEnglish
    1 year

    curious if Trump and other politicians had sold off shares prior and are planning on getting back in low

    • 18-24-61-B-17-17-4@lemmy.worldEnglish
      1 year

      That’s what I was thinking.

      Not a bad time for us normal people to be buying stocks either though. Didn’t Don’t let them be the only ones to benefit from this horseshit.

      • venusaur@lemmy.worldEnglish
        1 year

        For sure. You can try to make some money but you’ll likely be too early or late. Only they know when to get back in.

  • Avid Amoeba@lemmy.caEnglish
    1 year

    Yeah it seems like China’s action produced a larger selloff. Perhaps people weren’t as certain of the size of their response.

  • hark@lemmy.worldEnglish
    1 year

    We’ve hit 2024 levels so far. Let’s see if we can go even lower.