Market Turmoil: Dow Suffers Worst Single-Day Drop of 2025 as Trump Tariff Fears Mount
• 1 min read
Wall Street experienced a dramatic selloff with the Dow plunging 748 points amid concerns over proposed Trump administration tariffs and worrying economic data. Consumer sentiment hit lows while inflation expectations reached a 28-year high, driving investors toward defensive sectors.
European Markets Rally to Start 2025, Led by Energy Sector Surge
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European stocks kicked off 2025 with the STOXX 600 climbing 0.6%, driven by a 2.3% surge in energy stocks following rising crude oil prices. The positive start comes despite mixed market sentiment and previous quarterly declines, as investors closely monitor U.S. economic indicators.