U.S., Canadian Stocks Tumble

This is a U.S. news story, published by Global News, that relates primarily to S&P news.

U.S. news

For more U.S. news, you can click here:

more U.S. news

News about Us federal policies

For more Us federal policies news, you can click here:

more Us federal policies news

Global News news

For more news from Global News, you can click here:

more news from Global News

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best politics news, business news, entertainment news, and much more. If you like this article about Us federal policies, you might also like this article about

Canadian stocks

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Canadian dollar news, tariffs news, news about Us federal policies, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

Canadian tariffs

Global News

•

US Politics

Trump tariffs spur big losses for S&P, Dow Jones as market worries grow | Globalnews.ca

Summary

Nutrition label

75% Informative

The Dow Jones Industrial Average dropped 649 points, or 1.5% , and the Nasdaq composite slumped 2.6% .

In Canada , the S&P / TSX composite index closed down 391.88 points at 25,001.57 .

Monday ’s slide punctuated a rocky couple of weeks for Wall Street.

The market began diving following weaker-than-expected reports on the U.S. economy.

In the bond market, the yield on the 10-year Treasury fell to 4.15% from 4.24% just before the manufacturing report’s release.

The yield has come down sharply since January , when it was approaching 4.80% , as worries have built about the possibility of a slowing U.S. economy.

The reason for this recent drop in yields is softer economic growth expectations.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech