Finance
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Stock market dips as federal reserve chairman warns of possible tariff impact on inflation
The warning caused the Dow Jones Industrial Average to drop nearly 700 points (1.73%) at the close of day. The S&P 500 fell 2.24%, and the Nasdaq Composite closed with a 3% loss.
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Dow drops more than 1,000 points amid tumultuous week for stock market
The stock market has primarily seen a decline over the past week, after Trump announced steep tariffs on some of the U.S.'s trading partners. But it saw an increase on Wednesday.
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Stock markets surge after Trump announces pause on tariffs, Dow closes with 2,900 point gain
The president announced he was pausing tariffs on dozens of countries, except for China, which will see a 125% tariff. Trump says he made the decision to pause tariffs after more than 75 countries have called to "negotiate a solution."