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The Independent UK
The Independent UK
Kelly Rissman

Stock markets tumble after record-setting day as Trump’s tariffs cause volatility with investors

The markets tumbled, just one day after making historic gains following President Donald Trump’s announcement that he was pausing his sweeping tariff plan for 90 days.

At close on Thursday, the Dow dropped 1,014 points, or 2.5 percent, and the NASDAQ slid 737 points, or 4.3 percent, rallying slightly from midday when the Dow was down 1,687 points and the NASDAQ was down 957 points.

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