A bad day for the stock market just got worse after President Donald Trump signaled he’s not backing down from tariff threats.
The Dow fell 664 points, or 1.5%, in Monday afternoon trading. The S&P 500 dropped 1.8%. The Nasdaq Composite was down 2.4%.
The market slid further and existing breadth evaporate after Trump said on Truth social he planned tariffs on external agricultural products starting on April 2.