The Memo: Trump under pressure on tariffs as Dow sinks again — 139 posts — The True Story

Summary

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Stock futures rose on Monday evening after the S&P 500 extended its losses for a third day following President Donald Trump's tariffs announcement.
CNBC
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Traders leaving the New York stock exchange after the bell closed on Monday were sanguine about what had been, by an measure, a day of mood swings on Wall Street, as waves of volatility shook the stock markets, each one created by another deluge of headlines around Donald Trump’s trade war and global economic uncertainty.
Guardian
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The benchmark S&P500 and Dow Jones Industrial Average on Monday fell 0.23 percent and 0.91 percent, respectively, racking up a third conservative day of losses.
Aljazeera
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Trump launched a historic trade war on Wednesday, and China retaliated with 34% reciprocal tariffs on U.S. imports on Friday, stoking fears of a global recession and sparking the worst two trading days for stocks since the pandemic in 2020.
Reuters

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