Stock market today: Dow, S&P 500, Nasdaq slide as tariff-pause euphoria gets a reality check
Source: yahoo Finance
Updated 18 mins ago
Brett LoGiurato , Karen Friar and Ines Ferré
Thu, April 10, 2025 at 8:30 AM CDT
US stocks sank on Thursday, pulling back from the previous day's historic rally amid concerns that President Trump's broad trade offensive has become a direct confrontation with China.
The S&P 500 (GSPC) dropped over 2.8%, while the tech-heavy Nasdaq Composite (IXIC) tumbled 3.5%. The Dow Jones Industrial Average (^DJI) fell nearly 1,000 points, or 2.2%. The 10-year Treasury yield, (^TNX) in high focus amid bond market whiplash, fell to around 4.35%....................
..........."The trade war is now turning into a direct confrontation between the US and China ... we could again be seeing escalation and de-escalation at the same time, pulling markets in different directions," Rabobank analysts said...............
Read more: https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-slide-as-tariff-pause-euphoria-gets-a-reality-check-133050672.html
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IronLionZion
(48,556 posts)The yo-yo presidency
Yo-Yo MAGA
twodogsbarking
(13,414 posts)OAITW r.2.0
(30,041 posts)for good measure. JFC, they are our largest US trading partner.
riversedge
(75,154 posts)https://www.msn.com/en-us/money/watchlist?id=a33k6h¬i=Price&ocid=winp1taskbar&cvid=3ff362669f7f4ceaaec06ae68bdaf671&ei=9
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Javaman
(63,652 posts)can't fix stupid.
so while the rich loved the "90 day pause" (which I don't believe will last 90 days), the reality is that the orange asshole still has no fucking idea what he's doing or it's effects other than insider trading.
and that's what all this is actually about: insider trading.
Bengus81
(8,709 posts)About as simple as it can be put.