In the United States, major stock indices suffered notable losses. The Dow Jones Industrial Average plummeted over 2,200 points, marking one of its most significant single-day point drops. The S&P 500 declined by approximately 6%, while the Nasdaq Composite entered bear market territory after falling more than 20% from its previous highs. These declines resulted in a two-day market value loss exceeding $5 trillion. Investors are increasingly concerned about the potential for a prolonged trade war and its implications for economic growth and corporate profitability. ​