Brief by Shorts91 Newsdesk / 07:20pm on 03 Apr 2025,Thursday Entertainment
Stocks fell sharply after the White House announced new tariffs. The S&P 500 dropped 3.8%, while the Nasdaq fell nearly 5%. Apple, down 8%, was hit hard due to its reliance on China for manufacturing. Amazon lost 7%, and Nike dropped 11%. Since January, US markets have fallen 10%, the worst start under a new president since 2001. European stocks also dropped. Shipping giant Maersk fell 9.5%, while the UK’s FTSE 100 lost 1.6%. France’s CAC 40 and Germany’s DAX fell over 3%. Investors worry tariffs will hurt global trade. (PC: Getty)
