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March 7, 2025

Stocks fall on tariff chaos

By STAN CHOE
AP Business Writer

NEW YORK — Wall Street's sell-off kicked back into gear on Thursday, and a U.S. stock market rattled by the whiplash created by President Donald Trump's tariffs and uncertainty about the economy fell sharply.

The S&P 500 tumbled 1.8% to resume its slide after a mini-recovery from the prior day clawed back some of its sharp drop over recent weeks. The Dow Jones Industrial Average dropped 427 points, or 1%, and the Nasdaq composite sank 2.6% to finish more than 10% below its record set in December.


 
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