U.S. stock markets plummeted after the opening bell Thursday, as investors registered shock at President Donald Trump‘s sweeping retaliatory tariffs.
The Dow Jones Industrial Average fell 1,570 points, though in percentage terms the decline was a somewhat-less-alarming 3.7%.
The Nasdaq was down almost 6% and the S&P 3%, and the dollar also was in free-fall. Individual stock moves made the board almost completely red, with Apple and Meta down 8% and Amazon 9.5%.
Entertainment shares were not spared, with Disney down 6%, Warner Bros. Discovery off by 8%, Fox Corp. slipping 5% and Roku tumbling 15%.
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