S&P 500, Nasdaq plunge, Dow drops 1,500 points as Trump’s tariffs rip through markets worldwide


Source: ca.finance.yahoo.com ca.finance.yahoo.com

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US stocks nosedived on Thursday, with the Dow tumbling as much as 1,500 points as President Trump's surprisingly steep "Liberation Day" tariffs sent shockwaves through markets worldwide. The tech-heavy Nasdaq Composite (^IXIC) led the sell-off, plummeting as much as 5%. The S&P 500 (^GSPC) dove 4%, while the Dow Jones Industrial Average (^DJI) tumbled more than 3.5%. Among megacap techs, Apple (AAPL) shares fell over 8% amid concerns about disruption to its supply chain. China, the source of key iPhone components, was hit with additional US tariffs that raised its overall rate to 54%. Nvidia (NVDA) and other chip stocks...