Live Trump's steep tariffs are rocking markets and reshaping alliances. Follow the latest updates. OTC Markets EXMKT - Delayed Quote • USD Canopus BioPharma Incorporated (CBIA) Follow Compare 0.0001 0.0000 (0.00%) As of April 2 at 4:00:00 PM EDT. Market Open. Related News Stock market today: S&P 500, Nasdaq plunge, Dow drops 1,300 points as Trump's tariffs rip through global markets US stocks plunged after President Trump announced a baseline 10% tariff on all US trading partners, sending shockwaves through markets and the global trade order. Trump just put the Fed in an 'even greater bind' President Trump just made the job of the Federal Reserve that much more difficult as he unveiled the steepest tariffs in more than 100 years, taking markets by surprise. This analyst is 'not too worried' about Nvidia's pricing power Nvidia (NVDA) was downgraded to Hold by HSBC, citing the company's limited pricing power in the face of tariffs. Stacy Rasgon, Bernstein managing director and senior analyst, joins Catalysts to discuss the semiconductor industry and Nvidia's pricing power amid tariffs. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Stocks sell off on tariffs, Apple & Lululemon fall: Market Minute President Trump's tariff plan has Wall Street on edge, with the S&P 500 (^GSPC) trading 4% lower. In the latest Market Minute, Catalysts Anchor Madison Mills takes a closer look at some of the stocks and sectors that are feeling the pain. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Nike stock tanks along with other footwear retailers on Trump tariffs The footwear and sportswear industries face a slew of challenges as their main sourcing regions are hit with high tariffs. Tariffs hit the tech sector: Apple leads Mag 7 losses Apple (AAPL) is leading the "Magnificent Seven" losses in premarket trading as President Trump's sweeping tariffs hit the tech sector. Yahoo Finance Senior Reporter Alexandra Canal joins Morning Brief to examine how the Magnificent Seven and semiconductor stocks are reacting to Trump's tariffs. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Stocks plunge as Trump's tariffs shake Wall Street All three of the major indexes (^DJI, ^GSPC, ^IXIC) sank at the open, with the Dow falling more than 1,000 points. The move comes after President Trump's reciprocal tariffs rattled Wall Street. Morning Brief Anchor Julie Hyman and Markets and Data Editor Jared Blikre break down the action at the close. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Why Wall Street fears that Trump's Liberation Day tariffs just sent the S&P 500 into a 'growth scare' The S&P 500 is about to fall through a technical trap door, the Street points out. Not all market dips are created equal You can catch Trader Talk on Apple Podcasts, Spotify, Amazon Music, or wherever you get your podcasts. As the market downturn persists, Trader Talk host Kenny Polcari shares his perspective on whether it's a good time to buy the dip. Watch more episodes of Trader Talk here. Trader Talk with Kenny Polcari on Yahoo Finance delivers expert analysis and actionable insights, empowering you to navigate market volatility and secure your financial future. This post was written by Langston Sessoms. 'Worse than expected': Wall Street reacts to Trump's 'Liberation Day' tariff surprise, stocks sink Stocks sold off late Wednesday as President Trump's reciprocal tariffs proved to be harsher than many on Wall Street had expected. Stock market today: Stock futures sink after Trump's 'Liberation Day' tariffs shock markets US stocks rebounded ahead of President Trump's tariff announcements, but stock futures fell after Trump surprised markets with larger than expected levies. Gas prices on the rise Gasoline prices have reached a national average of $3.24 a gallon, according to AAA. It's lower than a year ago, but well above the $3.10 recorded a month ago. Yahoo Finance Senior Reporter Ines Ferré explains what's driving prices higher. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Trump's first 50 days mark one of the worst starts for the S&P 500 under any presidency The Trump stock market is off to one of the shakiest starts when stacked up against other presidencies. S&P 500 Could Slide to 4,900-5,300 Range on Tariff Impact, RBC Warns S&P 500 Faces Major Pullback Following Trump's New Tariffs Nvidia Downgraded at HSBC on Weak GPU Pricing Outlook; Shares Slide Over 7% Price target was cut from $175 to $120 on weaker fiscal 2026 outlook. US Equity Indexes Plunge With Treasury Yields, Dollar as Trump's Tariffs Spark Global Trade War Concern US equity indexes plummeted amid sharp declines in government bond yields and the dollar as concern US stocks tank and dollar slumps as Trump tariffs hit trading The S&P 500 was plummeting about 4% shortly after markets opened, hitting the lowest level since September. Meta Platforms (NasdaqGS:META) Partners With UFC For Enhanced Fan Engagement Following US$4% Share Dip Recently, Meta Platforms (NasdaqGS:META) entered a significant multiyear partnership with UFC to enhance fan engagement, potentially strengthening the brand's position in fan technology. Despite this development, Meta's shares declined by 3% over the last quarter. This decline coincides with broader market reactions to new tariffs announced by President Trump, which affected tech stocks across the board, including a notable 7% drop in Meta on the day of the announcement. The market... Magnificent Seven Stocks: Amazon, Apple, Nvidia, Tesla Plunge Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2024 with solid gains. Through the first three months of 2025, however, performance for these mega-cap stocks has been negative thus far. Is DeepSeek Just The Beginning? How Russia, China Alliance Could Threaten U.S. Artificial Intelligence Leadership DeepSeek is threatening U.S. leadership in AI. And with Russia and China teaming up what does the global AI race look like? Performance Overview Trailing total returns as of 4/3/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) Return CBIA S&P 500 (^GSPC) YTD 0.00% -7.70% 1-Year -66.67% +4.17% 3-Year -99.73% +19.42%