[Fear Mongering Begins] “Dow craters 800 points, S&P 500 heads for worst drop in 2 years after Trump’s tariff rollout…”
April 3, 2025
“…The S&P 500 dropped 3.4%, putting it on track for tis worst day since September 2022. The Dow Jones Industrial Average tumbled 814 points, or more than 4%. The Nasdaq Composite slid 3%.
Shares of multinational companies tumbled. Nike and Apple dropped 11% and 8%, respectively. Big sellers of imported goods were among the hardest hit. Five Below lost 15%, Dollar Tree tumbled 10%, and Gap plunged 15%. Tech shares dropped in an overall risk-off mood, with Nvidia off 5% and Tesla also down 3.5%…”
https://www.cnbc.com/2025/04/02/stock-market-today-live-updates-trump-tariffs.html
Below is a chart explaining the tariffs:
Remember what I’ve been saying for the longest time. Possible short term pain for long term gain. Also this is an amazing buying opportunity for stock market investors. Pick a good time then Buy the dip.