Dow drops 1,500 as US stock market leads a worldwide sell-off following Trump’s tariff shock

News Snapshot:

NEW YORK (AP) — Financial markets around the world are reeling Thursday following President Donald Trump’s latest and most severe volley of tariffs, and the U.S. stock market may be taking the worst of it. The S&P 500 was down 4% in morning trading, worse than the drops for other major stock markets. The Dow Jones Industrial Average was down 1,520 points, or 3.6%, as of 10:10 a.m. Eastern time, and the Nasdaq composite was 4.0% lower. Little was spared as fear flared globally about the potentially toxic mix of higher inflation and weakening economic growth that tariffs can create....