Stock market today: Dow, S&P 500, Nasdaq futures slide as investors brace for Trump's tariff bazooka

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Updated Wed, Apr 2, 2025, 3:18 AM 1 min read

Even now, markets stay successful the acheronian arsenic to what the caller reciprocal duties volition entail, and truthful however large the imaginable daze to the US system volition be. Fears are that the duties could spur a full-on commercialized warfare arsenic countries respond with their ain retaliatory tariffs.

Read more: The latest connected Trump's tariffs

More hawkish options are connected the table, media reports suggest, with the president considering imposing 20% "blanket" levies connected trading partners. Whatever Trump announces successful the Rose Garden astatine 4 p.m. ET connected Wednesday, the White House has said the tariffs volition instrumentality effect immediately.

Once the particulate has settled connected the tariff launch, eyes volition crook to merchandise of the March jobs study connected Friday for penetration connected however the US system is holding up amid Trump's fast-moving argumentation shifts.

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Newsmax banal hits intermission connected blistering post-IPO surge

Newsmax (NMAX) shares took a breather from their monolithic post-IPO rally connected Wednesday, falling astir 25% successful premarket trading.

The pullback follows a 180% summation for the banal connected Tuesday, which built connected an eye-popping 735% surge connected Monday connected the heels of the blimpish quality outlet's nationalist marketplace debut.

Newsmax raised $75 cardinal successful its IPO Friday, with shares priced astatine $10, Yahoo Finance's Laura Bratton reports. The outlet’s accelerated ascent successful its archetypal 2 days of trading pushed its marketplace headdress to $20.8 cardinal Tuesday afternoon, with shares ending the trading league astatine $234.