The Nasdaq, S&P 500 and Russell 2000 also ended in the red.
Its been a wild ride.
He said he absolutely wants to slap tariffs on Europe too.
Donald TrumpGetty Images
However, strapped consumers are not good for business.
WILL THERE BE SOME PAIN?
YES, MAYBE (AND MAYBE NOT!).
President Trump campaigned on tariffs, which he used in his first term as well.
This threatened round was more aggressive.
That said, market players would prefer not have this much market disruption too often.
Tech stocks, save Meta, are mostly lower.
Disney, Netflix and Fox shares nosed higher.
Warner Bros Discovery is down 3%.
AWSJstory today speculated that more writedowns may come when the WBD reports quarterly earnings later this month.
