Economics

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Dow drops 700 points for worst day of 2025 so far on new fears about economic growth (www.nbcnews.com)

submitted 5 months ago* (last edited 5 months ago) by MicroWave@lemmy.world to c/economics@lemmy.world

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Summary

The Dow Jones fell 748 points Friday, marking its worst day of 2025, as investors reacted to weak economic data and inflation concerns.

Consumer sentiment dropped sharply, existing home sales declined, and U.S. services activity contracted.

Fears over Trump tariffs and spending cuts further rattled markets.

The S&P 500 and Nasdaq also saw significant declines as investors shifted away from riskier assets.

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[–] FuglyDuck@lemmy.world 16 points 5 months ago* (last edited 5 months ago)

"Worst day... So far!" <read in homer simpson's voice, and then go cry while bingedrinking something flammable)>

In a more serious tone.... trump is so incompetent that not only does he fuck up the economy and fuck americans over he fucks up "the economy" aka the stock market.