Today’s Midday Market Update: Stocks Slide as Trump Tariff Threats Rattle Markets
Major Indexes Point to Sharply Lower Open on Friday As of midday Friday, May 23, 2025, U.S. stock markets are experiencing significant downward pressure, primarily driven by renewed trade tensions and concerns over the national deficit. The major indexes are all in negative territory, continuing the downward trend that began earlier this week. The Dow Jones Industrial Average has fallen approximately 500 points or 1.2% in morning trading, extending its weekly losses to nearly 2%. Similarly, the S&P 500 has dropped 1.4%, putting it on track for a weekly decline of about 2%. The tech-heavy Nasdaq Composite is experiencing the steepest decline, tumbling 1.8% as technology stocks face increased selling pressure. Trade Tensions and Deficit Concerns Weigh on Markets President Donald Trump’s recent threats of new tariffs against the European Union have sparked investor concerns about potential global trade disruptions. This development comes just days after the House of Representatives […]