Gloomy on the New York Stock Exchange – down over 3 percent

After Trump’s tariff announcement, the turbulence on the world’s stock exchanges continues.

Friday also got off to a gloomy start on the New York Stock Exchange.

After ten minutes of trading, the Dow Jones Industrial Average fell 2.8 percent, the broad S&P 500 index 3.1 percent and the technology-heavy Nasdaq Composite Index 3.4 percent, writes TT.

Earlier in the day, China announced that it would respond with an additional 34 percent tariff on goods from the United States.

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On Thursday, the Dow Jones Industrial Average fell 4 percent, the broad S&P 500 index 4.8 percent and the Nasdaq Composite Index fell a full 6 percent.

Source: svt

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