Sell-off worsens as Wall Street wonders how much pain Trump will accept for the economy


Source: cp24.com cp24.com

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Pedestrians pass the Broad Street subway station on Wall Street near the New York Stock Exchange (NYSE) in New York, US, on Tuesday, Jan. 28, 2025. Ever since the global financial crisis, in an attempt to align pay to shareholder returns, banks have relied more heavily on restricted stock units when they’re handing out bonuses. Photographer: Michael Nagle/Bloomberg NEW YORK — The U.S. stock market’s sell-off cut deeper on Monday as Wall Street questioned how much pain U.S. President Donald Trump will let the economy endure through tariffs and other policies in order to get what he wants. The S&P...