New York, April 3, 2025 (AFP) - US stocks rout deepens on Trump tariffs as Nasdaq, S&P tumble

NAMPA / AFP

2025-04-03

The sell-off in Wall Street stocks deepened in mid-morning trading Thursday, with the S&P 500 losing more than four percent following US President Donald Trump's sweeping tariff announcement. Trump's broadly crafted new levies battered leading names in banking, technology, apparel and most other areas. Among the S&P 500's 11 sectors, only consumer staples were in positive territory, with the other 10 in the red. jmb/sla ...

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