S&P 500 Plunges Over Tariffs
This is a China news story, published by financialpost, that relates primarily to VIX news.
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Five things to know about the US$5 trillion market selloff that is roiling the globe
77% Informative
The S&P 500 index ended Friday in its worst two-day rout since March 2020 , dropping more than 10 per cent.
The Nasdaq 100 declined by about six per cent , pushing it into bear market territory.
China announced a 34 per cent tariff on all U.S. imports in retaliation.
The Cboe Volatility Index ( VIX ) surged to nearly 45.31 , a closing level last reached in the opening months of the COVID-19 pandemic.
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