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Euronews
Euronews
Indrabati Lahiri

US stock markets drop as investors consider trade impact with China

Donald Trump United States China Stock Market

US stocks gave back some of their historic gains from the day before on Thursday as Wall Street weighed the impact of the ongoing trade war, particularly with China.

The S&P 500 was down 2.3%, a day after surging 9.5% following President Donald Trump's decision to pause many of his tariffs worldwide. The Dow Jones Industrial Average was down 700 points, or 1.7%, as of 15:35 CEST, and the Nasdaq composite was 2.7% lower.

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