U.S. stocks plunged Friday, with the Nasdaq entering a bear market and the Dow falling into correction territory, according to Benzinga. Trump’s broad tariffs deepened global trade tensions and triggered recession fears. Wall Street suffered its second day of steep losses, erasing trillions in value amid surging volatility. Most S&P 500 sectors fell, led by financials, energy, and tech, while consumer staples gained. Hong Kong’s Hang Seng Index plunged in its worst single-day drop since 1997. The steep decline was driven by escalating U.S.-China tariffs that fueled trade war fears and triggered a global selloff.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02U.S. stocks plunged Friday with an ASDAQ entering a bear market and the Dow falling
00:06into correction territory, according to Benzinga.
00:09Trump's broad tariffs deepened global trade tensions and triggered recession fares.
00:13Wall Street suffered its second day of steep losses,
00:16erasing trillions in value amid surging volatility.
00:19Most S&P 500 sectors fell, led by financials, energy and tech, while consumer staples gained.
00:25Hong Kong's Hang Seng Index plunged at its worst single day drop since 1997.
00:30The steep decline was driven by escalating U.S.-China tariffs
00:33that fueled trade warfares and triggered a global sell-off.