NEW YORK (AP) — U.S. stocks whipped through another dizzying day of trading, but the mood on Wall Street turned sour after President Donald Trump unveiled sweeping new tariffs against nearly all U.S. trading partners, an action that could drastically remake the global economy.
The S&P 500 rose 0.7% in regular trading Wednesday. The Dow Jones Industrial Average added 235 points, or 0.6%, and the Nasdaq composite climbed 0.9%. But futures trading showed all three indexes heading for sharp declines in Thursday trading, with the S&P 500 down 3.6% and the Nasdaq indicated lower by 4.5%.
Financial markets around the world have been shaky lately because of uncertainty about Trump’s
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