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Stock impact report

Tariff Terror Grips Stock Market: Media Shares Ensnared In Second Day Of Steep Declines – Update [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
The Dow Jones Industrial average fell 2,231.07 points, or 5.5%, to officially enter correction territory (meaning the blue-chip index is now more than 10% below its high). The Nasdaq and S&P 500 each plunged nearly 6%. The tech-heavy Nasdaq has fallen enough to be classified as being in a bear market, more than 20% below its high point. One of the Nasdaq's crown jewels, Amazon, had its worst week since 2022 and the tech giant's nine-week streak of weekly declines is its worst since 2008. More from Deadline How Donald Trump's Trade Tariffs Will Hit The International Film & TV Biz Stock Market Recoils At Trump Tariffs; Nasdaq & S&P Post Worst Trading Days Since 2020 – Update International Insider: Trump's Tariff Targets; CinemaCon Compiler; Toei Interview The two-day swoon for the markets was the worst since the Covid panic of March 2020. On-air personalities on CNBC and other financial outlets commenting on the free-fall invoked October 1987, when the Black Monday crash was Show less Read more
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