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Trump's Decision Triggers Massive Dow Jones Plunge, US Market Chaos; Billions Lost
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Trump's New Tariffs Trigger Market Chaos: Dow Jones Plunges, Billions Lost
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News18
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23-02-2026, 21:54
Trump's New Tariffs Trigger Market Chaos: Dow Jones Plunges, Billions Lost
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US President Donald Trump announced new 15% global tariffs, causing instability in the American stock market.
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The decision came shortly after the Supreme Court invalidated many of his previous tariff decisions, citing an inappropriate emergency law.
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Dow Jones futures fell by approximately 668 points, S&P 500 futures declined by 0.75%, and Nasdaq-100 futures dropped by 0.89%.
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The new tariffs reignited concerns about inflation, global trade, and economic growth, impacting oil and crypto markets.
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Investors are now focusing on economic data, geopolitical tensions, and Nvidia's upcoming results for market direction.
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