Stock Market Loses $3 Trillion as Tariffs Trigger Economic Fears
Apr 04, 2025 — by 775TimesTeam in 775Times, Articles
3 Trillion Lost as Stock Market Plunges Amid Tariffs Trade War 💸💸💸💸💸
via @thesocaltimes
The stock market continues to drop as the Dow tumbled 1,679 points (4%), while the S&P 500 sank 4.8% and the Nasdaq dipped 6% on April 3rd, which Trump was calling “Liberation Day”, marking their worst day since 2020. The yield on the 2-year Treasury note also fell to 3.72% In total, $3.1 TRILLION in market value was wiped out. 📉⬇️
President Trump’s proposed tariffs on trading partners shocked investors, fueling recession fears and market volatility. The CBOE Volatility Index, or VIX, spiked and was nearing a level of 30, signaling higher anxiety in markets.
Jordan Rizzuto, chief investment officer at GammaRoad Capital Partners states, “These inflections towards heightened market risk have coincided with extreme valuation and concentration by almost any historical metric. The dry tinder was already there, and this policy announcement has provided the spark.”
But hey, we got Tik Tok back. 📱
Do you think tariffs will raise prices even higher and push the economy into recession? #StockMarket #Finance #Trading #Economy
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