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US Stock Market Update: Wall Street Declines as Trump Increases Tariffs; Dow Jones Experiences Significant Drop

US stocks experienced a downturn as investors reacted to President Donald Trump’s announcement of increased global tariffs. The S&P 500 fell by 0.7%, while the Dow Jones Industrial Average dropped 618 points, or 1.2%. The Nasdaq Composite also slipped by 0.7%. This market movement reflects ongoing concerns about trade tensions and the implications of the administration’s tariff policies, which have created uncertainty among global trading partners.

Stock market today: Dow, S&P 500, Nasdaq climb after AI-fueled sell-off as new Trump tariff kicks in

US stocks rose at the start of trading on Tuesday, aiming to recover from steep losses amid fears of AI disruption as President Trump's new global tariff came into effect. The Dow Jones Industrial Average (^DJI) led the way up, gaining roughly 0.9%, or more than 400 points, while the S&P 500 (^GSPC) picked up roughly 0.6%. The tech-heavy Nasdaq Composite (^IXIC) gained 0.9% as AMD (AMD) shares jumped as much as 10% after the chipmaker entered a deal to provide Meta (META) with a huge amount of GPUs for the Facebook owner's AI build-out.

Dow drops 800 points as S&P 500, Nasdaq slide on Trump tariff fears, AI 'scare trade'

US stocks retreated on Monday as investors grappled with the fallout from the Supreme Court's rebuff of President Trump's most sweeping tariffs, while AI disruption fears gripped markets once again. The Dow Jones Industrial Average (^DJI) led the way down, losing roughly 1.7%, or over 800 points. Meanwhile, the S&P 500 (^GSPC) and the tech-heavy Nasdaq Composite (^IXIC) both dropped over 1%, coming off a volatile but winning session on Friday.