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Dow opens 400 points lower after latest Trump tariff threats
Investors hoping for a quiet Friday ahead of a long holiday weekend can forget about that. U.S. stocks slumped at the open following President Trump's latest tariff threats, which included a planned 50% levy on the European Union and a targeted 25% tariff targeting Apple Inc.
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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