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Selloff resumes on Wall Street

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“We do not know how long the previously enacted tariffs and any future tariffs will remain in force, but we believe peak tariff uncertainty may soon be behind us,” according to Kurt Reiman, head of f...
From Public Broadcasting Service (PBS)
Canada's main stock index gave back much of the previous day's sharp gains on Thursday as concern grew that the global trade war could derail economic growth, with energy and highflying technology st...
From Reuters
Dick Durbin, a Democratic senator, said that the “chaos, uncertainty and real damage” of Mr Trump’s “tariff tax” will continue.
From The Economist

Read more on News Digest

Here's what bright minds on Wall Street are saying about Trump's tariff-fueled market meltdown
Wall Street's top minds aren't happy about Trump's latest tariffs, which have fueled the worst stock sell-off since 2020.
Wall Street swings in final hours of trading before Trump’s tariff announcement
Financial markets around the world have been particularly shaky lately because of all the uncertainty around what Trump will announce in the event scheduled to begin after the U.S. stock market closes for the day.
Trump Tariffs Live: Selloff resumes on Wall Street as markets weigh tariff risks
Trump's turnabout on Wednesday came less than 24 hours after steep new tariffs kicked in on most trading partners. It also The upheaval erased trillions of dollars from stock markets and led to an unsettling surge in U.
TSX ends 3% lower as tech and energy shares slide
Canada's main stock index gave back much of the previous day's sharp gains on Thursday as concern grew that the global trade war could derail economic growth, with energy and highflying technology stocks among the biggest decliners.
Senators respond to concerns over possible insider trading during market swings
Questions are being raised on Capitol Hill after President Donald Trump offered financial advice on Wednesday morning that ended up making a lot of money for any lucky investor who listened to him.
Trump tariff pause will not change fundamentals for a Fed that sees risks ahead
President Donald Trump's pause on some of his new import taxes may have eased some of the stress building in financial markets for now, but leaves in place the same set of circumstances that had reset the U.
Pause for breath
Read our story about why Mr Trump’s pause in tariffs is far from a trade-war ceasefire. Chart: The Economist Every week YouGov polls Americans on behalf of The Economist. We have been tracking Americans’ views of Mr Trump’s economic stewardship since the start of his second term.
Wall Street's week of whiplash brought fear, relief and caution
Wall Street traders and investors have been sent to the brink over the past week by President Donald Trump's tariff policy, scrambling to figure out strategies and calming clients as trillions were wiped off stock market values.
Trump tariffs live updates: Trump threatens to return to higher tariffs
China says the U.S. is using tariffs to "seek selfish gains." President Donald Trump defended the tariffs he imposed on trading partners but acknowledged some problems in a meeting with his Cabinet on Thursday.
Wall Street goes on wild ride before lurching into green ahead of ‘Liberation Day’
The uncertainty over the tariff policy is more of a problem for markets than the tariffs themselves,” one financial expert told The Post on Monday.
Amazon's share price plunges as tariffs hit: Here's why it's a buying opportunity
Tariffs crushed Amazon's stock price on Thursday. Here's why you should see this discount as a wide-open buying window for this resilient tech stock.
The New York Sun1d
Chaos in Bond Markets Sends Shock Waves Strong Enough To Get Even Tariff-Happy Trump’s Attention
Wednesday’s auction was viewed as a make-or-break moment after the Treasury market sold off overnight. The bombastic Democratic operative James Carville once said that if reincarnation is real, he wants to come back not as a president or pope, but as the bond market. The bond market, he said, “can intimidate everybody.”
Yahoo News Canada6d
How Wall Street market dip will impact your 401(k) - and what you should do
The S&P 500 fell 4.8 percent, and Nasdaq followed similar trends. Since a 401(k) relies on long-term investments in market-related securities such as stocks, when the market is down, a 401(k) goes down too. About a third of working-age individuals in the U ...
Tariffs spin the stock market on its head. What to know about the market terms you're seeing
According to Fidelity, a bear market is when a stock market index falls by at least 20% from recent highs. A bull market marks a period of rising market index values. They signify an upward trend in stock prices. Bull markets tend to last longer than bear markets because stock prices tend to trend upward over time.
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