Stock markets are being crushed by Trump..!?
Stock markets in the united states suffered a sharp decline last Friday. The country's economy is slower than expected and there are concerns about rising inflation. In particular, the S&P BSE 500 and DOW Jones industrial average indices fell by 1.7 percent each. This is the biggest one-day decline since december 18, 2023. Moreover, this is the worst decline so far this year. In a report released by S&P Global, it said that US trade activity fell to a 17-month low in february due to the volatility caused by the government's import tariff policy. It also said that consumer sentiment has deteriorated amid rising commodity prices. chris Williamson, chief business economist at S&P Global Market Intelligence, said companies were concerned about the negative impact of government policy measures, from domestic spending cuts to tariff increases to geopolitical developments.
Stock markets in the united states suffered a sharp decline last Friday. The country's economy is slower than expected and there are concerns about rising inflation. In particular, the S&P BSE 500 and DOW Jones industrial average indices fell by 1.7 percent each. This is the biggest one-day decline since december 18, 2023. Moreover, this is the worst decline so far this year. In a report released by S&P Global, it said that US trade activity fell to a 17-month low in february due to the volatility caused by the government's import tariff policy. It also said that consumer sentiment has deteriorated amid rising commodity prices. chris Williamson, chief business economist at S&P Global Market Intelligence, said companies were concerned about the negative impact of government policy measures, from domestic spending cuts to tariff increases to geopolitical developments.
