Friday's Jobs Report Could Be Make-Or-Break Moment After Trump's Tariff Shock
Nvidia, Apple, Tesla, Nike, Walmart, Five Below, RH, Lamb Weston: Biggest Movers
Trump says things are 'going very well' after market plunges, and that he's open to deals on tariffs
Trump's tariffs hit hard, leading to the Large Cap of the US stock market "seven giants" evaporating over one trillion dollars overnight.
In Thursday's Trade, the total Market Cap loss of the "Big Seven" in the US stock market reached approximately 1.03 trillion dollars, marking a staggering milestone that highlights how Trump's tariff measures have severely impacted the financial markets. As Trump announced "reciprocal tariffs," it sparked a flight to safety, with Technology stocks leading a broad and severe market sell-off. The Nasdaq Composite Index, which is heavily weighted with Technology stocks, plunged about 6%, recording its largest single-day drop since 2020. Apple led the Large Cap decline with a stock price drop of 9.25%, the largest single-day drop in over five years; Amazon's stock price fell by about 9%, marking its largest single-day drop since 2022.
Overnight news: US stocks plummet; the Republican debate raises the highest tax rate for millionaires to 40%; General Motors will increase the production of USA Truck after tariffs.
For more global financial News, please move to the 7×24 hours real-time financial news market closing: Trump's tariffs severely impacted U.S. stocks, with the Dow Jones plummeting 1680 points and the Nasdaq dropping 6%. On April 3, the top 20 U.S. stock transactions: Apple plunged over 9%, as tariffs may cause a significant price increase for the iPhone. On Thursday, most popular China Concept Stocks fell, with Taiwan Semiconductor down 7.64% and PDD Holdings down 4.54%. COMEX Gold Futures June contracts fell 1.07%. OPEC+ unexpectedly exceeded production expectations, with WTI oil prices plummeting 6.6% in one day. Major European stock indices all closed significantly lower, with the German DAX30 Index falling 3%. Macroeconomic Kremlin.
Market Upheaval From Trump's Tariffs Could Be Just the Beginning
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
