Dow drops 1,100 points, crushed for a second day [View all]

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