U.S. stocks tumbled on Thursday after the White House disclosed new tariff data, according to The Wall Street Journal. Tariffs on Chinese goods imposed during Trump’s second term total 145%, not the previously reported 125%. The Nasdaq fell after posting its biggest gain in decades a day earlier, while the Dow dropped by more than two points. Tech and bank stocks gave back much of Wednesday’s surge. Gold reached a record high, and Treasury yields declined, signaling heightened investor anxiety.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02U.S. stocks tumbled on Thursday after the White House disclosed new tariff data,
00:06according to The Wall Street Journal.
00:07Tariffs on Chinese goods imposed during Trump's second term totaled 145 percent,
00:12not the previously reported 125 percent.
00:15The Nasdaq fell after posting its biggest gain in decades a day earlier.
00:18While the Dow dropped more than two points,
00:20tech and bank stocks gave back much of Wednesday's surge.
00:23Gold reached a record high and Treasury yields declined,
00:26signaling heightened investor anxiety.
00:28For all things money, visit Benzinga.com slash GSTV.