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struggle4progress

(125,345 posts) Fri Apr 4, 2025, 08:46 AM Apr 2025

Dow drops 1,100 points, crushed for a second day

Updated Fri, Apr 4 20259:39 AM EDT
Brian Evans
Alex Harring
John Melloy

The stock market took another pounding Friday after China retaliated with new tariffs on U.S. goods, raising fears a trade war will tip the globe into a recession.

The Dow Jones Industrial Average traded 1,130 points, or 2.8%. This follows a 1,679.39 point decline on Thursday. The S&P 500 slid 3.2% after the benchmark shed 4.84% on Thursday. The Nasdaq Composite shed 3.5% as many tech companies have exposure to China. On Thursday, the Nasdaq tumbled 6%.

China’s commerce ministry said Friday the country will impose a 34% levy on all U.S. products. This matches the tariff on Chinese goods coming into the U.S. unveiled by President Donald Trump on Wednesday ...

https://www.cnbc.com/2025/04/03/stock-market-today-live-updates.html

Impeach the mofo

11 replies

= new reply since forum marked as read

Highlight:

Dow drops 1,100 points, crushed for a second day (Original Post) struggle4progress Apr 2025 OP

Dow, S&P 500, Nasdaq crater struggle4progress Apr 2025 #1

He's gotta go! Emile Apr 2025 #2

If I recall correct GusBob Apr 2025 #3

That is a fake quote. . . .nt Bernardo de La Paz Apr 2025 #5

And even if it were real durablend Apr 2025 #6

well darn GusBob Apr 2025 #9

Ditch the Dow. It can lead you wrong. It is a 1896 adding machine price-weighted index of 30 stocks. Use SP500. . . . nt Bernardo de La Paz Apr 2025 #4

"Impeach the mofo" How? Please explain in reality how that ever happens. n/t elocs Apr 2025 #7

Backlash Grows Over Trump's Tariff Hike struggle4progress Apr 2025 #8

Oh, here's an idea... Hugin Apr 2025 #10

I for one love it EnergizedLib Apr 2025 #11

struggle4progress

(125,345 posts)

1. Dow, S&P 500, Nasdaq crater

Reply to struggle4progress (Original post)

Fri Apr 4, 2025, 08:47 AM

Apr 2025

US stocks cratered on Friday, setting up for more losses after a $2.5 trillion wipeout as trade-war fears continued to spook markets while investors digested the monthly jobs report ahead of a Jerome Powell speech.

The Dow Jones Industrial Average (^DJI) pulled back around 2.2%, or about 1,000 points. The S&P 500 (^GSPC) also sank about 2.5%, while the tech-heavy Nasdaq Composite (^IXIC) dropped 2.6% ...

https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-crater-after-china-announces-first-retaliatory-tariffs-133033343.html

Emile

(40,571 posts)

2. He's gotta go!

Reply to struggle4progress (Original post)

Fri Apr 4, 2025, 08:47 AM

Apr 2025

GusBob

(8,111 posts)

3. If I recall correct

Reply to struggle4progress (Original post)

Fri Apr 4, 2025, 08:47 AM

Apr 2025

there is a DT quote about impeachment and a 1000 pt drop in the Dow?

Bernardo de La Paz

(60,320 posts)

5. That is a fake quote. . . .nt

Reply to GusBob (Reply #3)

Fri Apr 4, 2025, 08:52 AM

Apr 2025

durablend

(8,896 posts)

6. And even if it were real

Reply to Bernardo de La Paz (Reply #5)

Fri Apr 4, 2025, 08:56 AM

Apr 2025

"Things would've been FAR FAR FAR worse under that Kamalala"

GusBob

(8,111 posts)

9. well darn

Reply to Bernardo de La Paz (Reply #5)

Fri Apr 4, 2025, 09:49 AM

Apr 2025

thx for the clue

Bernardo de La Paz

(60,320 posts)

4. Ditch the Dow. It can lead you wrong. It is a 1896 adding machine price-weighted index of 30 stocks. Use SP500. . . . nt

Reply to struggle4progress (Original post)

Fri Apr 4, 2025, 08:51 AM

Apr 2025

elocs

(24,486 posts)

7. "Impeach the mofo" How? Please explain in reality how that ever happens. n/t

Reply to struggle4progress (Original post)

Fri Apr 4, 2025, 08:59 AM

Apr 2025

struggle4progress

(125,345 posts)

8. Backlash Grows Over Trump's Tariff Hike

Reply to elocs (Reply #7)

Fri Apr 4, 2025, 09:03 AM

Apr 2025

Global markets react sharply as countries vow retaliation against President Trump’s new tariffs—sparking criticism from both Democrats and Republicans.