The Daily Money: US stocks tumble for a third day
Good morning! This is Betty Lin-Fisher with Monday's The Daily Money.
As we write, U.S. stocks have been fluctuating, flipping abruptly positive and then returning to negative territory. This is after opening sharply lower for the third straight day after President Donald Trump and his administration doubled down on his aggressive tariff plan, reports my colleague Medora Lee.
Stocks are extending last week's losses from worries that the president has ignited a trade war that will lead to higher prices and recession.
Follow the latest on the markets.
What's the latest on tariffs? We've got you
Having trouble keeping up with what tariffs are in place and the latest on tariffs? Yeah, me too.
Here's two stories that can help you:
- Five takeaways from sweeping tariffs imposed last Wednesday, which affected all U.S. trading partners and imports.
- Trump tariff fallout: What happened and what's coming next.
📰 Consumer stories you shouldn't miss 📰
- Why are regional airlines handling your major airline flight?
- Here's how to protect your 401(k) as the market drops.
- Newly single? How will it affect your tax return?
- Top Trump officials address stock market hit.
- What retirees need to know about Trump's Social Security changes.
📰 Ready for a trip? 📰
Looking to get away? The weeks between spring break and summer can feel like a lull to many travelers, but it's one of the best times to go on that big international trip, my colleague Kathleen Wong reports. "Spring shoulder season," arriving in April and May, brings lower travel prices and fewer crowds.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from Paste BN, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.