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Major stock indexes plummeted Monday after President Donald Trump said over the weekend that he was raising global tariffs following a Supreme Court ruling against a majority of his "reciprocal" duties.
Investor's Business Daily on MSN
Stock market today: Dow dives, cybersecurity plays hit as software sinks; gold stocks shine (live coverage)
Indexes, including the Dow Jones industrials, dived on the stock market today. The EU made a Trump tariff move. Novo stock slid but gold plays shined.
The Dow Jones slid nearly 800 points as investors fret over AI disruption and react to President Trump's new tariff agenda.
The Dow Jones Industrial Average slid 821.91 points, or 1.66%, to close at 48,804.06. The S&P 500 dropped 1.04% to 6,837.75, while the Nasdaq Composite declined 1.13% to 22,627.27.
The Dow Jones Industrial Average sank on Monday after Wall Street’s artificial intelligence fears came for financial and discretionary stocks. The Dow fell 822 points, or 1.7%. The S&P 500 dropped 1%.
A few time-tested data points have clued investors in on what they can likely expect in the not-too-distant future.
A research report framed as a hypothetical look back from 2028 was making the rounds online and adding to fresh jitters in software stocks.
U.S. stock-index futures declined Sunday, as investors grappled with the implications of Friday’s Supreme Court ruling that overturned most of President Donald Trump’s tariffs.