The three major indices of the U.S. New York stock market all closed sharply lower on the 3rd (local time), the day after President Donald Trump announced reciprocal tariffs.
On this day at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average (Dow) closed down 3.98% compared to the previous trading day. The S&P 500, which focuses on large-cap stocks, slipped 4.84%, and the tech-heavy Nasdaq index plunged 5.97% to close the session.
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