NEW YORK: Stock markets and the dollar tumbled Thursday (Apr 3) after President Donald Trump's latest worldwide tariff salvo fanned a trade war that many fear will spark recession and ramp up inflation. The dollar slumped by as much as 2.6 per cent versus the euro, its biggest intraday plunge in a decade,

Stock markets and the dollar tumbled Thursday after President Donald Trump's latest worldwide tariff salvo fanned a trade war that many fear will spark recession and ramp up inflation. "The simultaneous decline in both stocks and the US dollar speaks volumes about investor confidence in Trump's trade policy," said City Index and FOREX.com analyst Fawad Razaqzada.

Stock indexes tumbled, with the S&P 500 down more than 4% in morning New York trading on Thursday.

NEW YORK: Stock indexes tumbled, with the S&P 500 down more than 4 per cent in morning New York trading on Thursday (Apr 3), and the US dollar and oil prices also dropping as President Donald Trump’s drastic US trade tariffs stoked fears of a global recession and led investors to seek safe-haven assets like bo

U.S. tariffs hit Chinese exports hard, forcing manufacturers to cut costs and shift focus to domestic sales amid economic strain.

Stocks, oil, and the US dollar tumble as Trump imposes sweeping tariffs, fueling fears of recession and inflation.

The markets reacted violently to Donald Trump’s announcement of a new 10 per cent tariff on all imports to the United States.

President Donald Trump has insisted that the United States stock market is "going very well" despite the sharp decline recorded on Thursday, the worst in

Chinese stocks declined after the Trump administration hiked tariffs on the country to well over 50% on Wednesday, but a glimmer of optimism was visible.

US President Donald Trump revealed a raft of tariffs on Wednesday causing stock markets to plunge but he remains confident saying: "I think it's going very well"

U.S. imposes 27% tariffs on India, impacting exports and causing rupee to weaken against dollar.

Trump’s sweeping tariffs sent shockwaves through financial markets, with Wall Street suffering its worst decline since 2020. Analysts warn of economic slowdowns, surging inflation, and a potential recession.

The broad-based S&P 500 closed down 4.8%, while the tech-rich Nasdaq Composite tanked 6.0% and the Dow Jones ended the day down 4.0%.

WASHINGTON (AP) — President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it’s going very well.” “The markets are going to boom, the stock is going to boom, the country is going to boom,” he said when asked about the market as he left […]

President Donald Trump insisted on Thursday that stocks and the US economy would "boom" despite a rout on global markets sparked by his worldwide tariffs.

The Pound Sterling (GBP) surges to near 1.3200 against the US Dollar (USD) during the North American trading hours on Thursday, the highest level seen in almost six months.

The Pound Sterling (GBP) exhibits a different performance with each of its major peers on Thursday.

The GBP/USD pair gains strong follow-through positive traction for the second successive day on Thursday and advances to its highest level since October 2024 during the Asian session.