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Wall Street tumbles as Trump tariffs and falling AI stocks drag Nasdaq 10% below its record

Hindustan Times

Hindustan Times

Summary

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Australia’s sharemarket is set to open lower on Friday, after Wall Street was dragged down by a fall in AI superstar stocks and uncertainty over President Donald Trump’s tariff plans.
WAtoday
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All three major indexes kicked off trading Thursday with losses of more than 1 percent, giving up gains from a brief market rebound Wednesday.
The Hill
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One day after Trump placed a 30-day pause on his 25% tariffs on the auto industry, Trump extended the delay to include products from Canada that comply with the USMCA trade deal.
International Business Times
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The indexes continued to tumble on Thursday, with the Dow Jones Industrial Average finishing down 0.99%, the S&P 500 shedding 1.78%.
CNBC

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updated 88:88

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