5 Minute News

Stock Market Declines in New York Due to Tariffs

April 7, 2025

Futures indicate significant declines in New York's stock exchanges due to the impact of tariffs imposed by President Donald Trump. Both the Dow Jones and S&P 500 are experiencing drops of over 3%. Additionally, the price of U.S. oil has fallen below $60 a barrel. Investors are expressing concerns about potential further declines.