Stock market today: Dow plunges 2,200 points, Nasdaq enters bear market as Trump tariffs spark worst meltdown since 2020

[Yo_Mama_Been_Loggin]

US stocks cratered on Friday with the Dow Jones Industrial Average (^DJI) plunging more than 2,200 points after China stoked trade-war fears and Fed Chair Jerome Powell warned of higher inflation and slower growth stemming from tariffs.

The Dow pulled back 5.5% to enter into correction territory. Meanwhile, the S&P 500 (^GSPC) sank nearly 6%, as the broad-based benchmark capped its worst week since 2020. The tech-heavy Nasdaq Composite (^IXIC) dropped 5.8% to close in bear market territory.

The major averages added to Thursday's $2.5 trillion wipeout after China said it will impose additional tariffs of 34% on all US products from April 10 — matching the extra 34% duties imposed by Trump on Wednesday.

That ramped up investor worries that countries are more likely to retaliate than negotiate, leading to a protracted global trade war.

https://finance.yahoo.com/news/live/stock-market-today-dow-plunges-2200-points-nasdaq-enters-bear-market-as-trump-tariffs-spark-worst-meltdown-since-2020-200042876.html

[Lovie777]

1. If the countries ( majority) do not flinch................

Houston we have a problem.

[walkingman]

2. The big question for everyone is "when will he reverse the tariffs"

and declare victory - it will happen. Another of his "create a problem and then solve it by reversing his own actions". I think the only logical explanation is he like to pick winners and losers - the American people seem to always be the losers.

[Pisces]

6. We need to look into if he will personally gain from selling high and buying low on this self created market

manipulation. This is insanity. He’s tanking the markets on purpose.

[C_U_L8R]

3. Trump should not be President when markets reopen.

Whatever his intent, he's clearly not working in the country's best interest. He has to go. Congress knows this, they just need to find their integrity.

[WarGamer]

4. We've lost a years worth of gains.

[J_William_Ryan]

5. "...worst meltdown since 2020."

When Trump was president.

Voting for a Republican for president is the definition of insanity.