homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

May 7, 2025

Stocks sink again as companies detail damage they're taking because of Trump's trade war

By STAN CHOE and ALEX VEIGA
AP Business Writers

U.S. stocks closed lower Tuesday as quarterly results show more companies are scrubbing their forecasts for upcoming profits because of uncertainty created by President Donald Trump's tariffs.

The S&P 500 fell 0.8%, its second drop after breaking a nine-day winning streak, its longest such run in more than 20 years. The Dow Jones Industrial Average dropped 0.9%, and the Nasdaq composite finished 0.9% lower.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.