The S&P 500 continued its decline this morning, losing well over 2 percent, extending losses from yesterday’s Trump tariff sell-off. The tech-heavy Nasdaq fell about 3 percent and slipped into a bear market, Wall Street’s term for a decline of at least 20 percent from its latest peak. At this writing, the Dow Jones has fallen 1,456 points today after China retaliated against the Trump tariffs with 34% tariffs on U.S. goods, putting the index down 2,334 points for the week. 
In additional economic news, U.S. employers added 228,000 jobs in March, more than expected, but the unemployment rate rose to 4.2 percent. It’s worth noting the jobs figures today reflect hiring in March, before Trump put in place his sweeping new global tariffs this week.
BREAKING: The Dow plummets 1,200+ points just minutes into Friday trading following China’s retaliatory tariffs of an additional 34% on all U.S. imports. nbcnews.to/4jD5VHJ
[image or embed] — NBC News (@nbcnews.com) April 4, 2025 at 7:05 AM
Meanwhile, over on the golf course… 
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