Dow Jones Futures Fall On Trump Tariff News
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What is clear however is that the US administration wants to change the geography of the world economy.
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Futures tied to Canada's main stock index fell on Monday as investors shunned risky assets amid concerns that U.S. President Donald Trump's upcoming tariffs will hurt the global economy.
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US stocks rebounded Monday to cap a volatile month and quarter as trade-war worries mount in the run-up to President Trump's tariff bonanza later in the week. Markets wrapped up March on a woeful note after a rough month and quarter beset by Trump's fast-evolving tariff policy.
Stocks were lower in afternoon trading Monday, extending a three-day-losing streak, as investors await announcements on a new batch of tariffs the Trump administration has said it will implement this week.
The Dow Jones Industrial Average (DJIA) rebounded 300 points on Monday, clawing back ground that was lost in last Friday’s stock rout. United States (US) President Donald Trump is poised to unleash his long-threatened yet still-ambiguous tariff packages on April 2, crimping investor sentiment throughout the market.
The stock market tumble comes one day after the president told reporters aboard Air Force One that he’d plan to impose tariffs on “all countries” rather than the countries that have large trade imbalances with the U.S. These sweeping levies are set to go in effect on Wednesday, which Trump has dubbed “Liberation Day.”
The Dow Jones Index is in for a bumpy ride in a week that ushers in "freedom day" and multiple unknowns in US trade policy.
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Markets are down globally as Trump's "Liberation Day" tariffs loom. Follow along for live coverage and analysis of the Dow Jones Industrial Average, Nasdaq and S&P 500.
Americans filed fewer claims for initial jobless benefits last week, according to the Department of Labor, in data that showed the economy has avoided a big increase in layoffs through mid-March.
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