S&P 500 Faces Turbulence as Investors React to New Tariff Plans and Economic Worries
The S&P 500 stock futures plummeted as investors braced for President Trump's new tariff announcement, leading to fears of increased economic instability. Goldman Sachs cut its earnings growth projections due to growing recession worries. The tech sector faced significant declines, and gold prices climbed, reflecting investor anxiety.
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