U.S. Stock Market Drops

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economic fronts Thursday

Global News

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US Politics

U.S. stocks fall after Trump escalates tariff war with Europe - National | Globalnews.ca

Summary

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75% Informative

The Dow Jones Industrial Average was down 324 points, or 0.8 per cent , as of 11:30 a.m. Eastern time.

The S&P 500 was down 0.9 per cent in midday trading, coming off a dizzying stretch where it set a record and briefly tumbled as much as 10 per cent from the mark within just a few weeks .

The turbulence is because of uncertainty about how much pain Trump will let the economy endure through tariffs and other policies in order to reshape the country and world as he wants.

While few are predicting an imminent recession, particularly with the job market remaining relatively solid, recent reports have shown a souring of confidence among U.S. consumers and companies. In stock markets abroad, indexes fell across much of Europe and Asia , but the moves were relatively modest..

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Neutral language

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formal

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English

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not offensive

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not hateful