Trump Tariffs Spark Heavy Stock Market Losses; Jobs Data, Powell Speech Next

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The major stock indexes sold off Thursday, as President Donald Trump’s bigger-than-expected tariffs battered the markets. Up next, Wall Street is preparing for Friday’s employment report and a speech from Federal Reserve Chairman Jerome Powell. In response to the Trump tariffs, blue chips on the Dow Jones Industrial Average tumbled 4%, breaking down below its long-term 200-day moving average. The…

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