Sruthi Shankar

1 week ago | staradvertiser.com | Sruthi Shankar

Wall Street’s main indexes extended declines in afternoon trading today, with the benchmark S&P 500 plunging more than 5% as investor concerns about the economic damage from U.S. tariff policies returned to the fore. Stocks shot higher on Wednesday after President Donald Trump declared a 90-day tariff pause for many countries but raised the levy on imports from China to 125%. The pause on tariffs from dozens of trading partners came less than 24 hours after they kicked in.

2 weeks ago | msn.com | Sruthi Shankar |Pranav Kashyap

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2 weeks ago | marketscreener.com | Sruthi Shankar |Pranav Kashyap

(Reuters) - Wall Street fell sharply for a second straight session on Friday, pushing the Nasdaq toward a bear market, after China imposed fresh tariffs on all U.S. goods in response to the Trump administration's sweeping levies, escalating a global trade war. China's finance ministry said on Friday it would impose additional tariffs of 34% on all U.S. goods from April 10 after U.S. President Donald Trump raised tariff barriers to their highest level in more than a century this week.

2 weeks ago | thewest.com.au | Sruthi Shankar |Pranav Kashyap

3 weeks ago | perthnow.com.au | Sruthi Shankar |Pranav Kashyap

US stock indexes have tumbled, with heavyweight technology stocks suffering big losses, as President Donald Trump's sweeping tariffs on major trade partners ignited fears of an all-out trade war and heightened the risk of a global economic recession. Apple sank 8.0 per cent, reeling from the effects of an aggregate 54 per cent tariff on China, which is the base for much of the iPhone maker's manufacturing. Microsoft dropped 3.0 per cent and Nvidia slumped 5.6 per cent.