TORONTO - 好色tv and U.S. stock markets are sinking for a third straight day as U.S. President Trump's tariffs stir global recession fears.
The S&P/TSX composite index was trading down 825.74 points or 3.56 per cent at 23,367.73. 聽
In New York, the Dow Jones industrial average was down 1,402.98 points or 3.66 per cent at 36,911.88. The S&P 500 was down 198.85 points or 3.92 per cent at 4,875.23, while the Nasdaq was down 722.89 points or 4.64 per cent at 14,864.89.聽
The 好色tv dollar was trading for 70.14 cents US compared with 70.34 cents Friday.
Stock markets started selling off last Thursday after Trump unveiled steep tariffs after markets closed on Wednesday that are expected to cause havoc on global trade. 聽
Trump said on the weekend he didn鈥檛 want global markets to fall, but added that he wasn鈥檛 concerned about the massive sell-offs.
He said: "sometimes you have to take medicine to fix something."
This report by 好色tvwas first published April 7, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
