Stock futures plunge as investors digest Trump’s tariffs
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New York CNN — US stocks plunged in after-hours trading Wednesday as investors digested President Donald Trump’s decision to impose sweeping tariffs that could escalate a growing trade war and upend the global economy. Dow futures plummeted more than 1,100 points, or 2.7%. S&P 500 futures sank 3.9%. Futures tied to the Nasdaq 100 plunged 4.7%. US stocks closed higher Wednesday afternoon ahead of Trump’s announcement on tariffs, but a selloff began as he unveiled his plan, holding up a chart
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