Dow drops 1,300 points, S&P 500 enters bear territory on Trump tariff market collapse:

[Botany]

U.S. stocks were slammed for a third day on Monday as the White House remained defiant even after President Donald Trump’s rollout of shockingly high tariff rates on most key U.S. trading partners has caused a market meltdown.

The S&P 500
lost 2.3%, bringing its decline from its closing record touched in February to nearly 20%, a bear market in Wall Street terms. At the lows of the session, the S&P 500 was in bear market territory.

The Dow Jones Industrial average
tumbled 1,015 points, or 2.6%, following back-to-back 1,500-point losses for the first time ever to end last week.

The Nasdaq Composite
dropped 1.9%, further into bear territory, as investors sold their tech winners to raise cash. The Nasdaq is off 24% from its record.


https://www.cnbc.com/2025/04/06/stock-market-today-live-updates.html

[Johnny2X2X]

1. A liitle surprised to see the news calling it out for being all about Trump's tariffs

Thought for sure some of them would be saying, "Joe Biden caused this collapse."

[BoRaGard]

2. Krasnov planning next weekend's luxury Gourmet G.O.P. Golf weekend

So could you all please just skip over this economic news,
and quietly help the republicon leader select his sporty golfing outfit for the Spring season.

[newdeal2]

3. Why is the market spiking up so dramatically?

[JCMach1]

5. Holding pattern like poking a dead frog with a stick

If administration makes no move, it will deteriorate this afternoon.

[JCMach1]

6. Annnnd TSF just popped the frog with his China Tweet