US equities take the brunt of Trump tariffs, see worst fall among all nations

The S&P 500 shed around $2.4 trillion in market value—its sharpest single-day drop since March 2020—while the Nasdaq Composite plunged 5.97%, marking its largest decline since the same period.

The Dow Jones Industrial Average and the S&P 500 also recorded their worst performances since June 2020..