Stocks Suffer Biggest One-Day Wipeout in Value Since March 2020: Nasdaq Plunges 6%, S&P Tumbles Nearly 5% After Trump Tariff Blitz; Dow Slides 1,679 Points
- Dr. Bruce Moynihan
- Apr 3
- 4 min read
April (Doctors In Business Journal) - The stock market witnessed a historic meltdown, with major indices suffering their worst single-day losses since the pandemic-induced crash of March 2020. The Nasdaq Composite plummeted by 6%, the S&P 500 tumbled nearly 5%, and the Dow Jones Industrial Average nosedived 1,679 points in reaction to the latest tariff policies announced by former President Donald Trump. The market chaos has sent shockwaves across Wall Street, leaving investors reeling as they digest the implications of this aggressive trade maneuver.
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