Wall Street experienced a sharp decline on Friday. President Donald Trump’s threat to significantly increase tariffs on China triggered a massive sell-off. Major stock indices like the S&P 500, Dow Jones, and Nasdaq saw substantial drops. This escalation in trade tensions impacted global markets, with European and Asian indexes also falling. The oil market also reacted to the news.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets