The stock market had a bumpy day! Prices went down because of new taxes on goods from other countries. This made investors worried.
These taxes, called tariffs, affect things we buy every day. The changes made some companies less profitable.
It's like a trade war, where countries put taxes on each other's stuff.
- Stocks went down.
- New taxes were added to goods from Canada, Mexico, and China.
- Some companies warned about lower profits.
Market | Change |
---|---|
Dow Jones | Down about 1.5% |
S&P 500 | Down about 1.2% |
Nasdaq | Down about 0.4% |