Dow plunges 2,000 as sell-off for markets slams into a scarier gear following Trump’s tariffs
The sell-off for financial markets worldwide is slamming into a higher, scarier gear on Friday.
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The sell-off for financial markets worldwide is slamming into a higher, scarier gear on Friday.
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Fears of a tariff-driven recession has led to a steep drop in the price of crude oil, walloping Canadian energy stocks and stoking worry about the sector’s outlook should the weakness persist.
Everything from crude oil to Big Tech stocks has fallen. Even gold, a traditional safe haven, pulled lower after Trump announced his 'Liberation Day' set of tariffs, which economists say carries the risk of a potentially toxic mix of weakening economic growth and higher inflation. Here’s the latest.
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