Wall Street today: US stocks slip ahead of Trump tariff announcement | Stock Market News
Source: Live Mint
US stock indices slipped on Wednesday ahead of a heavily-touted new tariff announcement by President Donald Trump.
At 09:39 a.m. the Dow Jones Industrial Average fell 156.51 points, or 0.37%, to 41,833.45, the S&P 500 lost 26.55 points, or 0.47%, to 5,606.52 and the Nasdaq Composite lost 99.07 points, or 0.57%, to 17,350.82.
Trump Tariffs
Trump has billed the announcements as “Liberation Day” tariffs, and said the reciprocal levies are meant to address what he calls “unfair” treatment from US trading partners.
