FaithfulNews archive
Nearly 2 Trillion Erased In Stocks Within Minutes Over Trump Tariffs
By Stefan J. Bos, Chief International Correspondent Worthy News NEW YORK/PARIS/BUDAPEST (Worthy News) – Roughly $1.7 trillion was erased from the S&P 500 Index of the 500 most influential companies at the start of trading at the New York Stock Exchange Thursday amid worries that President Donald J. Trump’s sweeping new round of tariffs could plunge the economy, and much of the world, into a recession.Financial news agency Bloomberg News reported that the damage was heaviest in c