The Dow drops almost 500 points and the S&P enters a correction as Trump tariffs rattle investors again

The Dow drops almost 500 points and the S&P enters a correction as Trump tariffs rattle investors again

Stocks entered a correction on Thursday as the S&P 500 index fell 10% from its recent peak after President Donald Trump escalated the trade war with 200% tariffs on European alcoholic beverages. This swamped a better-than-expected wholesale inflation report that showed prices continuing to slow.Read more…
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