Markets Plunge: Dow Crashes 600 Points as Weak Jobs Data & Trump Tariff Threats Spook Investors
Wall Street's fear gauge spikes as traditional markets reel from a brutal one-two punch.
Bad news bears feast
A dismal jobs report collided with revived trade war fears—sending the S&P 500 and Nasdaq into freefall alongside the Dow's 600-point nosedive. Exactly the cocktail of uncertainty that sends hedge fund managers reaching for their emergency Xanax prescriptions.
Tariff déjà vu
Former President Trump's renewed threats of aggressive import taxes triggered flashbacks to 2018's market turmoil. Because nothing says 'economic stability' like arbitrarily rewriting global trade rules via tweet.
Meanwhile in crypto...
While traditional markets panic, Bitcoin's volatility looks almost quaint by comparison. At least blockchain doesn't care about non-farm payroll data.