Friday, 4 July 2025

Tariff Talk Takes Down Markets

President Trump’s Tariffs are setting off alarm bells all over the world.  In the U.S. “tariff talk” has sunk the financial markets for a second straight day.  On Friday, the Dow Jones Industrial Average dropped 2,231-points, or 5.50%.  The NASDAQ lost nearly 963points, or 5.82% while the S&P 500 lost 322-points, or 5.97%. There were some big individual losses, including Tesla, down $27.85 a share, while Apple shares lost $15.81 and Amazon shares lost $7.81. Financial experts aren’t what to expect when trading resumes Monday morning.          
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