Stocks tumble after Trump imposes tariffs and Ukraine's largest drone attack on Moscow: Morning Rundown
Trump changes tone on markets as stocks tumble. Ukraine's largest drone attack on Moscow. Love isn’t blind to politics. Push to treat measles with supplements.
Donald Trump switches up his messaging as the stock market plummets. Ukraine launches its largest-ever drone attack on Moscow. And some West Texas families embrace unproven measles remedies over vaccinations.
Here’s what to know today.
Yesterday, the S&P 500 had its worst day since September, wiping out all of President Donald Trump's post-election gains. Meanwhile, the Nasdaq had its biggest one-day drop since 2022, plunging deeper into "correction" territory, and the Dow Jones Industrial Average dropped roughly 2.1%.
As Trump's policies have begun to take shape in his first 50 days in office, some of the optimism from investors has reversed course, especially after Trump followed through on threats to impose tariffs on Canada and Mexico, and place additional tariffs on China. The stock market's downward spiral is heightening fears that the U.S. will enter a recession.
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