Stock Market

Getty Images; Chelsea Jia Feng/BI The stock market is in meltdown mode amid the trade war. Most advice in times like this is, "don't panic," but it can be hard to keep a cool head. Market pros say have some advice if you're worried about your portfolio amid the sell-off. The stock market just capped off a historic two-day plunge amid the panic caused by President Donald Trump's trade war. On Friday, The Dow Jones Industrial Average cratered by more than 2,200 points, the Nasdaq 100 ended in a bear...

Where does the money generated from tariffs go?The Trump administration predicts tariffs will generate billions of dollars, but where will that money go?Aerospace and defense manufacturer Textron lost the most ground in the sell-off.CVS may be the best positioned to weather a recession.Companies across industries saw earnings prospects sink on downturn fears.It's been a tough week on Wall Street and Rhode Island's biggest publicly traded companies have not been spared in one of the worst market sell-offs in years.The 10 largest publicly traded companies all saw their stock price fall...

What is Trump trying to accomplish with his tariffs? It is often unclear what the president’s endgame is, which adds to the uncertainty surrounding his trade wars. He has given different reasons for his sweeping import taxes, and sometimes they contradict each other.Trump has said that tariffs can raise money for the U.S. Treasury, protect U.S. industries, draw factories to the United States and serve as a negotiating tactic to get other countries to bend to his will, whether it means getting them to reduce their own tariffs or to...

A total of $11.1 trillion has been wiped off the U.S. stock market since U.S. President Donald Trump’s inauguration on Jan. 20 of this year.Don't Miss Our End of Quarter Offers: More than half that amount, $6.6 trillion, was lost on April 3 and 4 after Trump stunned financial markets with sweeping new tariffs that include a baseline 10% duty on nearly all imports into America. The trading days of April 3 and 4 represent the largest two-day wipeout of shareholder value on record, according to Dow Jones market data....

IE 11 is not supported. For an optimal experience visit our site on another browser.Data suggests restoring U.S. manufacturing will take time01:26Rat birth control for rodent problem01:06Judge orders Trump Administration returns him00:53Tariffs may increase prices at used car dealerships00:35Judge orders return of man deported to El Salvador00:30Why is pollen so bad right now?01:23What to do with your money amid tariff turmoil01:01Trump gives TikTok a 75-day extension to sell00:55Stock market hits second lowest trading day since 202000:36A far-right Trump adviser took credit for NSA firings00:57Now PlayingAmericans react to the stock market...

President Donald Trump's new tariffs are affecting the stock market − including the share prices of Wisconsin-based companies.The market's Dow Jones Industrial Average on Friday plunged 5.5%, or 2,231.07 points, to 38,314.86 for its largest single-day decline since June 2020 during the pandemic.That followed a sharp decline on Thursday − bringing the index to around 15% below its record high and into a "correction." A correction is defined as at least 10% lower than a record high.The broad S&P 500 dropped 5.97%, or 322.44 points, to 5,074.08 to post its...

Topline Investors did not get the rebound from Thursday’s historic losses they may have hoped for, as stocks again slid considerably as the market digests President Donald Trump’s tariffs while China, the world’s second-largest economy, slapped a 34% retaliatory tariff on American imports. A traders work on the floor of the New York Stock Exchange on Thursday.Getty Images Key Facts Thursday was the sharpest daily decline since 2020 for each of the three major U.S. indexes – the Dow Jones Industrial Average (-4%, or 1,680 points, Thursday), the S&P 500...

The long-term impact of the new US tariffs implemented by President Donald Trump may be uncertain, but the short-term effects have been obvious -- stock prices in the leading US markets are crumbling. After the new tariffs were announced late Wednesday, the Dow Jones Industrial Average dropped by 1,647 points on Thursday and has fallen another 2,000 points, or nearly 5%, on Friday. TAX SOFTWARE DEALS OF THE WEEK Deals are selected by the CNET Group commerce team, and may be unrelated to this article."It is very difficult for businesses to...

As Donald Trump’s tariffs on countries across the world continue to send shockwaves in the global economy, many experts fear the worst is yet to come. Overnight, the US president sparked a trade war overnight with partners in all continents with many retaliating in turn. The US president has said the tariffs are necessary to counter trade imbalances with nations that have been ‘pillaging’ the US, although some economists have called his administration’s sums into question. Defending the measures, US secretary of state Marco Rubio said: “Businesses around the world,...

People on Wall Street react to sinking stocks from tariffsPeople on Wall Street reacted to the stock market downturn from Trump's tariffs announcement with a mix of worry and optimism.Stock markets in the U.S. and around the globe have dropped since President Donald Trump introduced tariffs on most imports, causing Americans to rethink their financial investments.After the opening bell on Wall Street on April 3, the Dow fell sharply in early trading and did not rebound later in the day, mirroring global markets and adding to the jitters for many Americans.The...