Trump’s tariff bonanza has sparked a fresh stock market selloff: The S&P, Nasdaq, and Dow are all in free fall

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Trump’s tariff bonanza has sparked a fresh stock market selloff: The S&P, Nasdaq, and Dow are all in free fall - Fortune

Quick Summary:

The S&P 500 was down 3.3% in early trading, the Dow was down 1,160 points, or 2.7%, and the Nasdaq composite was 4.5% lower.

Critics said they were looking the most egregious out of an overall market that was already looking too expensive after their prices ran higher in recent years.Nvidia sank 5.1% to bring its loss for the year so far to 22%.

Even gold, which has hit records recently as investors sought something safer to own, pulled lower.The value of the U.S.dollar also slid against other currencies, including the euro and Canadian dollar.