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Stock market today: S&P 500, Nasdaq plunge, Dow drops 1,200 points as Trump's tariffs rip through global markets [Yahoo! Finance Canada]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
surprisingly steep "Liberation Day" tariffs sent shockwaves through markets worldwide. The tech-heavy Nasdaq Composite ( ^IXIC ) led the sell-off, plummeting more than 4.8%. The S&P 500 ( ^GSPC ) dived roughly 3.6%, while the Dow Jones Industrial Average ( ^DJI ) tumbled nearly 3%. Among megacap techs, Apple ( AAPL ) shares fell over 8% amid concerns about disruption to its supply chain. China, the source of key iPhone components, was hit with additional US tariffs that raised its overall rate to 54%. Nvidia ( NVDA ) and other chip stocks also tumbled thanks to similar concerns. Small cap stocks were also hit during the session as the Russell 2000 ( ^RUT ) index declined more than 5%, on track to close in bear market territory. Dow Jones Industrial Average (^DJI) The two-step approach to tariffs unveiled by Trump on Wednesday imposes a baseline rate of 10% on all US trading partners but applies extra duties to countries considered "bad actors" on trade — meaning they face mu
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