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Stock Market Today: Dow closes lower, S&P 500 and Nasdaq fall after Trump threatens tariffs on EU and Apple; Treasury yields and U.S. dollar decline
President Trump's threat of 50% tariffs on European goods, starting June 1, were in focus ahead of the long U.S. holiday weekend. Trump also warned Apple that it faces a potential levy relating to its iPhone.
The Dow closed lower by 817 points, or 1.91%. The broader S&P 500 slid 1.61% and the tech-heavy Nasdaq Composite fell 1.41%.
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Trump’s EU and Apple tariff threats hit tech stocks; Apple slides, VIX spikes, and US indices drop ahead of Memorial Day.
The U.S. equities market was falling midday Friday, as technology stocks weighed on major benchmarks. The Dow Jones Industrial Average was down 311 points, or 0.7%, to 41,548. The S&P 500 was falling ...
Futures on Wall Street are looking to advance after China cited progress in trade talks with the US, stating that both sides ...
Stock futures moved lower Thursday after major indexes posted steep declines yesterday amid mounting concerns about the federal deficit as a budget bill works its way through Congress.
The stock market’s selloff picked up steam on Wednesday, sending the Dow Jones Industrial Average to its steepest daily ...
Stock index futures were muted on Friday, while yields were flat, as focus remained on the country's fiscal situation ahead of the long weekend.
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