
Mike Pistillo Jr., center, works with other traders on the floor at the New York Stock Exchange in New York, Thursday, April 3, 2025. (AP Photo/Seth Wenig)
April 3, 2025
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April 3, 2025 12:25 p.m.
Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock
The U.S. stock market buckled Thursday, and a level of shock unseen in years tore through financial markets worldwide on worries about the damage President Donald Trump 's newest set of tariffs could do to economies across continents, including his own.