Global stock markets are footing the bill for Trump's tariff plan, with U.S. stocks performing at their worst since September 2022
2025-04-03 15:19:59
Global stock markets tumbled on Thursday as US President Donald Trump's sweeping tariff plan kicked off a trade war with wide-ranging implications for the global economy. Public fears of rising prices, slowing economic growth and even the possibility of a recession sent US stock indexes tumbling to record their worst one-day performance since at least September 2022. Apparel and retail companies led the decline, with Williams-Sonoma, Ralph Lauren and Deckers Outdoor all down more than 17%. Tech and tech retail stocks such as Hewlett-Packard, Best Buy and Garmin all fell at least 15%. Magnificent 7 shares, which have led the market higher over the past two years, were also broadly lower, with Apple and Amazon both down more than 8%. More than 400 stocks in the S & P 500 index fell.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
全球股市为特朗普关税计划买单 美股表现为2022年9月以来最差Next article：
策略师：股市暴跌与关税并没有直接联系
