Stocks Open Sharply Lower on Tariff Fears, AI Worries

Stocks Open Sharply Lower connected Tariff Fears, AI Worries

Stocks fell sharply connected Thursday arsenic lingering tariff fears mixed with further worries astir the artificial quality trade.

The Dow Jones Industrial Average fell 535 points, oregon 1.3%. The S&P 500 dropped 1.5%. The Nasdaq Composite sank 1.8%. Only astir 100 S&P 500 stocks were rising connected the day.

Stocks rallied connected Wednesday aft the White House announced a one-month exemption from tariffs for car makers from importing cars from Canada and Mexico nether an existing commercialized statement betwixt the countries. But specified gains were fragile fixed the Trump medication is mostly lasting steadfast connected its different tariff rhetoric.