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Stock market today: Dow, S&P 500, Nasdaq plummet as Trump tariff rout set to continue [Yahoo! Finance Canada]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
The S&P 500 ( ^GSPC ) fell 2.8%, while the tech-heavy Nasdaq Composite ( ^IXIC ) retreated 2.8%. The Dow Jones Industrial Average ( ^DJI ) dropped 2.6%, or around 1000 points. The gauges are coming off steeper drops that picked up after Trump signaled that he won't change up his trade policy to relieve markets, saying in response to a reporter's question: "Sometimes you have to take medicine to fix something." S&P 500 (^GSPC) Investors were also weighing Jamie Dimon's belief that new tariffs won't cause a recession , even as the JPMorgan Chase ( JPM ) CEO warned on Monday of a hit to US growth and inflation. But stocks are still set to extend a two-day sell-off of epic proportions. The Nasdaq Composite entered a bear market on Friday as Wall Street shed over $5 trillion in value to post its worst week since 2020. China has already announced retaliatory tariffs, and the EU is readying countermeasures . The US's new baseline 10% duties on most trading partners went into effec
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