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Dow Jones Falls 0.5% as Wall Street Prepares for Impending Tariffs

Dow Jones Falls 0.5% as Wall Street Prepares for Impending Tariffs

by | Apr 1, 2025 | Stock Market | 0 comments

On Tuesday, the Dow Jones Industrial Average declined by 0.5% as investors prepared for the implementation of President Donald Trump’s tariffs scheduled for Wednesday. The S&P 500 experienced a slight drop of 0.1%, while the Nasdaq Composite managed a modest gain of 0.1%. The 10-year Treasury yield saw a minor decrease to 4.16%, and oil prices remained stable, with West Texas Intermediate trading near $71.70 per barrel. Notably, Newsmax’s stock surged by as much as 77% before settling with a 45% gain, following its IPO that initially priced shares at $10 and closed at $83.51. Investors are closely watching these market movements amid uncertainties surrounding the impending tariffs. ​

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