S&P 500 fell 2.71% (biggest drop since April)
Nasdaq fell 3.56%
Dow Jones dropped 1.9%
The main reason is Donald Trump’s announcement of a 100% tariff on Chinese imports, which sparked investor panic and caused a broad market sell-off.
🧠 Investor Take:
Traders are watching how China will respond, and this tension could keep the market unstable in the short term.
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