On Monday, the tech-heavy Nasdaq plummeted 4%, recording its worst day of trading since 2022. The Dow Jones Industrial Average and S&P 500 each dropped more than 2% on Monday. ????? ???????
The move escalated
The move escalated a global trade war that intensified a day earlier, when China slapped retaliatory tariffs on the U.S., deepening trade tensions between the world’s two largest economies. ????????????
bringing those
President Donald Trump on Tuesday announced retaliatory measures on copyright after they slapped a 25% tariff on electricity sent to the U.S., saying that he is imposing an additional 25% tariff on steel and aluminum, bringing those tariffs to 50%. ?????
The Tuesday selloff
The Tuesday selloff extended a days-long market decline touched off by U.S. tariffs imposed last week on copyright, Mexico and China, some of which were delayed. ????? ???????
The Dow Jones
The Dow Jones Industrial Average tumbled about 515 points, or 1.2%, while the S&P 500 fell 0.8%. The tech-heavy Nasdaq ticked down 0.4%. ????????????