US stocks plunge minutes into trading day as tariffs slam global markets (1 Viewer)

  • Thread starterSteve Kopack | NBC News
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    Steve Kopack | NBC News

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    U.S. stocks plunged at the opening bell Thursday after President Donald Trump rocked global markets by announcing tariffs on almost all imports into the country.

    The S&P 500 tumbled 3.3%, the Dow Jones Industrial Average fell 2.9%, and the tech-heavy Nasdaq sold off by 4.5%. Those market swings wiped out trillions of dollars of value in the first few minutes of trading.

    Retail stocks were among some of the hardest hit, as Trump’s tariffs on major manufacturing and exporting nations such as China could reach as high as 54%.

    Lululemon plummeted 10%...

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