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The Independent UK
The Independent UK
Kelly Rissman

Dow and NASDAQ see historically bad day with plunges among worst ever as Trump tariffs spark sell-off

Donald Trump Stock Market America Elon Musk United States

On a historically bad day on Wall Street, the NASDAQ broke a record with its largest single-day point drop in the market’s 50-year history as investors responded to President Donald Trump's tariff plan.

Both the NASDAQ and Dow Jones suffered their worst days since March 2020 amid the Covid-19 pandemic. The Dow fell 1,679 points, which ranks in the top five for most points lost in a single day. The NASDAQ fell 1,050 points for its largest one-day drop.

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