Close to $80b wiped off ASX in two days amid tariff carnage

WAtoday

Summary

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Global stocks slid for a second day on Friday after US President Donald Trump’s sweeping tariff plans wiped $2.4 trillion (€2.1 trillion) off Wall Street equities, sending investors running for cover in government bonds as recession fears gripped markets.
Irish Times
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Asian shares struggled to recover their heavy losses from the previous session as Japan's Nikkei (.N225) , opens new tab fell 1.85%, extending its 2.8% slide from Thursday.
Reuters
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The S&P 500 dropped 4.8 percent in its biggest loss since 2020.
The Manila Times
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The Dow fell 10% from its record closing high in December, putting it on track to confirm a correction Friday, after China retaliated with fresh tariffs a day after the Trump administration announced sweeping levies on trade partners.
Newsmax

■ Story #2397 ▪

issue 88:88 ▪

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updated 88:88

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