The stock market had a rough day! It went down a lot because of a trade war. Think of it like a big argument between countries about who pays what for things.
- President Trump threatened to charge super high taxes on things like European wine.
- This made investors worried about the economy.
- The Dow Jones went down a lot (537 points!), and other markets followed.
Thing | Number |
---|---|
Dow Jones drop | 537 points (1.3%) |
Nasdaq drop | 2% |
S&P 500 drop | 1.4% |
Even some good news about prices not rising too fast couldn't stop the market from falling. It's all very uncertain right now!