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Trump's ‘Illogical and Absurd' Tariffs Trigger Broad Market Slump, Sending U.S. Media and Tech Stocks Even Lower [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
investor alarm over looming trade wars and accelerating inflation as the levies threaten to increase prices for consumers. At the open of regular U.S. trading Thursday, the S&P 500 index was down 3.4% and the tech-heavy Nasdaq Composite tumbled 4.5%, continuing the ongoing slide in financial markets since Trump took back the White House. Trump unveiled the new “reciprocal tariff” plan after the close of U.S. markets Wednesday. More from Variety Trump Tariffs: Australia Holds Firm on Local Content Quotas Despite U.S. Trade Pressures Neil Young Fears He Won't Be Allowed Back in U.S. After European Tour, Due to Speaking Out Against Trump, 'Worst President in the History of Our Great Country' Will TikTok Be Banned Again? As Deadline Nears, Trump Says 'I'd Like to See TikTok Remain Alive' The resulting stock-market carnage spanned industries, hammering tech, retail and automotive companies (including Elon Musk's Tesla) particularly hard. Media players pulled lower included Disn
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