Stock Market Plummets Amid Tariff Uncertainty and Economic Concerns
Wall Street sees major sell-offs as uncertainty from Trump’s administration weighs heavily on market performance and investor sentiment.
Stocks have been on a roller-coaster ride as Trump's tariff policies have worried investors over future U.S. growth.
Stock futures rise after Thursday's big sell-off; key jobs report looms: Live updates
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The move amplified the uncertainty that’s been rocking the market amid worries that a global trade war could damage economies and worsen inflation.
How major US stock indexes fared Thursday, 3/6/2025
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The market remained volatile as concerns grew that an escalating global trade war could slow economic growth and worsen inflation.
Stocks nosedive to the worst level of 2025 as Trump waffles on tariffs
Newsweek·3d·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.CenterThis outlet is balanced or reflects centrist views.The uncertainty created by rapidly shifting policy pronouncements can damage investment in particular and hurt the economy.
Nasdaq in Correction Amid Trade Policy Uncertainty
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Summary
Wall Street plunged amid escalating uncertainty from President Trump regarding tariffs on Canada and Mexico, with the Dow down 0.99% and the S&P 500 sliding 1.78%. The Nasdaq Composite fell 2.61%, officially entering correction territory, 10% off its peak. CNBC's Jim Cramer criticized the lack of clarity from the White House, suggesting it creates pervasive negativity in the economy. Investors are anxious ahead of key job market data, as economists forecast 170,000 job gains for February. The ongoing trade policy volatility is raising fears of inflation and potential long-term damage to the economy.
Perspectives
The stock market is experiencing significant volatility primarily driven by uncertainties around U.S. trade policies and tariffs, with major indexes like the S&P 500 and Nasdaq seeing sharp declines, particularly as the Nasdaq has officially entered correction territory.