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Wall Street traders scrambled like it was 2020 all over again as U.S. stocks nosedived Thursday following former President Donald Trump’s shock announcement of sweeping tariffs on imports. The Dow Jones plunged 1,679 points – its steepest single-day drop since the COVID-19 market chaos – while tech darling NASDAQ sank nearly 6%
From iPhones to Instagram feeds, major companies took a beating : – Apple shares dropped 7.2% – Meta (Facebook’s parent) lost 5.8% – Amazon slid 6.9% – Nike stumbled 8.3%
Trump doubled down through the chaos, tweeting: 'We’re cleaning up bad deals – markets will BOOM bigger than ever!' But economists warn the move could spark global trade wars , with tariffs affecting nearly all U.S. trading partners.
What’s next for young investors? Financial influencer @StocksWithSofia tells us: 'Diversify like your future depends on it. This volatility isn’t going away.'
– its steepest single-day drop since the COVID-19 market chaos – while tech darling NASDAQ sank nearly 6% 
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, with tariffs affecting nearly all U.S. trading partners.
