Wall Street reels as global sell-off intensifies; economists warn of recession ahead
By South County Mail Staff Writer
Global markets took a nosedive late last week after former President Donald Trump announced a sweeping new set of tariffs – and the financial shockwaves are being felt from New York to Missouri.
The US stock market saw its worst losses in years on Friday, with the S&P 500 dropping 6 percent, the Dow Jones falling 5.5 percent, and the tech-heavy Nasdaq losing nearly 6 percent. As markets open this Monday morning, April 7, investors across the country – including here in South County – are bracing for more potential losses. [Read more…] about Trump’s new tariffs send markets into freefall: What it means for Missouri and the nation