March 12, 2025 - 13:15
In a dramatic turn of events, Wall Street faced significant turmoil as stocks plummeted more than 10% below their record highs. The trading day was marked by intense volatility, reflecting investor anxiety over the ongoing trade war initiated by President Donald Trump.
As tensions escalated, market participants reacted swiftly, leading to a series of sharp declines across major indices. The uncertainty surrounding trade negotiations and potential tariffs has left investors on edge, prompting widespread sell-offs. Analysts noted that the day was characterized by rapid swings in stock prices, with some sectors experiencing particularly heavy losses.
The impact of the trade war is being felt across various industries, raising concerns about economic growth and corporate profitability. Many investors are now closely monitoring developments in trade discussions, hoping for clarity that could stabilize the market. As Wall Street grapples with these challenges, the focus remains on how the ongoing geopolitical landscape will shape the future of the economy.
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AI Revolutionizes Junior Banking Roles, According to Finance ExpertSopnendu Mohanty, a seasoned finance professional with nearly two decades of experience at Citi, has shared insights on the transformative impact of artificial intelligence (AI) on junior bankers....
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