Domestic Auto Stocks Sink as Trump Tariffs Take Effect
Domestic carmakers' shares fell Thursday morning after auto-specific tariffs took effect at midnight.
Domestic carmakers' shares fell Thursday morning after auto-specific tariffs took effect at midnight.
(Bloomberg) -- Roughly $1.7 trillion was erased from the S&P 500 Index at the start of trading on Thursday amid worries that President Donald Trump’s sweeping new round of tariffs could plunge the economy into a recession.Most Read from BloombergMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLondon Clears Final Hurdle for More High-Speed Trains to EuropeLocal Governments Vie for Fired Federal WorkersChicago School District Agrees to Minimum 16% Teacher Pay RaiseThe d
Trump's new universal tariffs ripple through global markets, driving volatility higher and accelerating investor migration toward Bitcoin, stablecoins, and offshore crypto assets.
Stock-market investors are playing defense today.
While many expect all-time highs of cryptocurrency in 2025, analysis of the market suggests that uncertainty will remain.
Medical devices, or the medtech sector, are not immune from the reciprocal tariffs announced by Trump yesterday.
The Magnificent Seven stocks all tumbled Thursday in the wake of the Trump administration’s sweeping reciprocal tariffs—with Apple faring worst of all.
Shares of Aldeyra Therapeutics plummeted nearly 75% Thursday morning after the Food and Drug Administration said the company's dry eye disease drug has not proven to be effective in enough studies.
US President Donald Trump's sweeping tariffs has sent shockwaves through global stock markets.
(Bloomberg) -- Currencies from developing nations climbed as President Donald Trump’s tariffs sent the greenback plunging and emerging stocks slid as his steep levies reverberated across Asian markets. Most Read from BloombergMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLondon Clears Final Hurdle for More High-Speed Trains to EuropeLocal Governments Vie for Fired Federal WorkersChicago School District Agrees to Minimum 16% Teacher Pay RaiseWhat Would ‘Transportatio