Top Trump officials address stock market hit
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Economists and Wall Street analysts expect the fresh round of tariffs, which the Trump administration has dubbed "Liberation Day," to reduce economic growth and lift inflation.
From CBS News
US stocks plunged a second straight day after China said Friday it would impose 34% reciprocal tariffs on imports of US goods, a development that put a spotlight on just how much is outside of Trump’...
From CNN
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The New York Stock Exchange, the world’s largest market exchange with more than $25 trillion in market capitalization among its listed stocks, starts trading at 9:30 a.m. Eastern time daily. With the time zone shift, the market opens at 8:30 a.m. for those in Dallas-Fort Worth.
Fear is running high amid the worst stock sell-off in years. It's important for investors not to panic as they watch their portfolios take a hit.
The S&P’s 9% loss since last Friday makes this stocks’ worst week since March 2020 and the fifth-worst week of the last 20 years, trailing only losses sustained in October 2008 and early 2020.
People have avoided huge losses by holding old-fashioned, well-balanced investments, an approach our columnist is banking on for the future.
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Top forecasters on Wall Street are eying the risk of a recession, a global slowdown, and further stock drops ahead.
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Investors are wondering what to do with their 401(k) accounts as the stock market makes steep declines. Should you stop contributing or withdraw it?
1don MSN
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
The huge swings rocking Wall Street and the global economy may feel far from normal. But, for investing at least, drops of this size have happened often throughout history.
Bessent said "what I've been very impressed with is the market infrastructure, that we had record volume on Friday."