US stocks were sharply lower Friday as investors digested souring consumer sentiment and inflation data that showed an uptick in one of the Federal Reserve’s key gauges, underscoring the delicate state of the economy as businesses brace for President Donald Trump’s tariffs.
The Dow tumbled 750 points, or 1.77%, on Friday. The broader S&P 500 fell 2.1% and the Nasdaq Composite slid 2.8%.
. . .
Wall Street was also grappling with Trump’s announcement on Wednesday of 25% tariffs on all cars shipped into the US, set to go into effect April 3. Trump also announced tariffs on car parts like engines and transmissions, set to take effect “no later than May 3,” according to the proclamation he signed.
Looks like I made the right choice by not saving money at all and working until I die.
Looks like I picked the wrong week to quit sniffing glue
At least you don’t have a drinking problem
No problem!
These are the type of comments I came to read on Lemmy.
It’s going well with the ‘Make America Great Again’ over the other side of the pond
Looks like I picked the wrong week to quit amphetamines
Bro just quit buying avocado toast and pull yourself up by them bootstraps, you’re just not working hard enough bro get on the grind and then you can maybe retire in a slightly larger cardboard box
Maybe even be able to afford the ritzier corrugated cardboard boxes everyone’s talking about?