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0 0.00140969162995592 0.0179735682819384 0.000881057268722542 0.00123348017621146 -0.000662555066079254 -0.00123348017621146 0.00246696035242292
Stock impact report

Futures tumble as tariffs fuel recession worries [Yahoo! Finance Canada]

HSBC Holdings, plc. (HSBC) 
US:NYSE Investor Relations: hsbc.com/investor-relations
on fears that the Trump administration's sweeping tariff plans set to be unveiled this week will hurt the global economy. Stocks across the world fell sharply, gold prices scaled new highs and U.S. Treasuries rallied after U.S. President Donald Trump said on Sunday that reciprocal tariffs he is set to announce this week will include all nations. At 5:30 a.m. ET (0930 GMT), S&P 500 E-minis fell 49 points, or 0.87%. Nasdaq 100 E-minis dropped 240 points, or 1.23%, and Dow E-minis were down 244 points, or 0.58%. U.S. stock markets have succumbed to sharp selling pressure this year as Trump announced tariffs on some of its main trading partners, raising fears of a global economic slowdown and a spike in inflation. Trump, who sees tariffs as a way of protecting the domestic economy from unfair global competition, has promised to unveil a massive tariff plan on Wednesday, which he has dubbed "Liberation Day". "We doubt 'Liberation Day' is going to mark the end around tariff uncert Show less Read more
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