Wall Street Plunges as Dow Jones drops 427 points, Nasdaq 483 points; Retailers and Tech Firms report losses

Wall Street witnessed a substantial decline on Thursday, as the Dow Jones plummeted by 427 points and the Nasdaq dropped by 483 points. The market volatility continued despite President Trump’s announcement of delaying tariffs. Retail giants such as Macy’s and Victoria’s Secret delivered disappointing forecasts, contributing to the negative sentiment. Additionally, major technology companies like Nvidia also experienced declines. The uncertainty in the market is evident as investors grapple with various economic and geopolitical factors.

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