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%.
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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.
Your life reads like the lyrics of Sympathy for the Devil.
We need to find where this motherfucker loves and stay away from there.
I’m Portugal now, so with the luck I have an American invasion of Europe will land here within the next couple of years.
Well, I guess it’s one way in which one can have “life experience”.
Had I’ve been given a choice, I would have preferred other options.