After weeks of uncertainty and anticipation, President Donald Trump’s “reciprocal tariff” plan was unveiled after the market closed on Wednesday. When the dust settled on the first trading day after the announcement, the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) saw their worst days since 2020, closing the day down 4.8% and 6%, respectively. Companies that rely on global supply chains to sell their products were hit particularly hard, but even some tech stocks that are less impacted were also dragged down.Read More
