New York, April 3, 2025 (AFP) - US stocks close down sharply on tariff fallout, S&P 500 suffers worst day since 2020

NAMPA / AFP

2025-04-03

US stocks plunged Thursday as traders reacted to Donald Trump's sweeping tariff announcement a day earlier, with the broad-based S&P 500 recording its biggest one-day decline since 2020. The widely watched Wall Street index closed down 4.8 percent at 5,396.52 -- its worst trading day since June 2020. The tech-rich Nasdaq Composite tanked 6.0 percent to 16,550.60, while the Dow Jones Industrial Average ended the day down 4.0 percent at 40,545.93.......

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Latest NAMPA photos

KATIMA MULILO, 05 April 2025 - During her regional visit, the Deputy Minister of Agriculture, Fisheries, Water, and Land Reform, Ruth Masake paid a courtesy call on Zambezi Governor, Lawrence Sampofu, who provided her a comprehensive overview of the situation in the region. (Photo: Contributed)

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