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As soon as the market opened, there was an exodus! Trump's "tariff stick" scared away retail investors in U.S. stocks, with record selling规模 in the first hour of trading on Tuesday.
The moment the bell for the U.S. stock market opening rings, a record wave of Stocks selling hits.
J.P. Morgan has turned bearish on U.S. stocks: Trump's chain of tariffs may smash the economic engine of the U.S. stock market.
As US President Donald Trump launches a series of tariff offensives against countries worldwide, JPMorgan's trading division is preparing to respond to further declines in the US stock market, as tariffs will hinder domestic and global economic growth.
US stock market closing: USA launches a full-scale trade war, stock indices fluctuate dramatically and collectively fall.
① Most China Concept Stocks closed up, the Nasdaq China Golden Dragon Index rose by 1.95%; ② Apple launched the iPad Air with M3 chip and new Magic Keyboard; ③ Canada announced it will impose a 25% tariff on US commodities worth 155 billion Canadian dollars; ④ The US Secretary of Commerce stated that Trump may cut tariffs on both the USA and Mexico tomorrow.
Wall Street Today: S&P 500, Nasdaq and DJIA All Fall on Continued Tariff Fears
Trump's tariffs officially take effect, erasing all gains in the U.S. stock market since the election.
① The USA's tariff measures on Mexico and Canada officially implemented on March 4, causing a significant drop in European and American stock markets, with the S&P 500 Index's Market Cap evaporating by 3.4 trillion USD; ② Mexico and Canada threatened to take retaliatory measures, with Mexico announcing countermeasures on the 9th and Canada imposing a 25% tariff on 30 billion CAD worth of imported goods from the USA.
Five Things to Watch in Trump's Address to Congress
