The stock market faced one of its worst weeks in recent history, driven by concerns over expansive tariffs. The S&P 500 experienced its third-worst two-day decline since the turn of the century, falling 10.5%. The Dow saw its sixth-worst week of the 21st century, dropping 7.9% over the week. Major tech companies like Apple suffered significant losses, wiping out substantial portions of their market capitalization. Even companies with minimal direct exposure to tariffs were affected, highlighting widespread market anxiety. This turmoil underscores the potential economic impact of escalating trade tensions.
— new from Investopedia
