Wall Street witnessed substantial declines on Thursday, as the Dow Jones plummeted by 427 points and the Nasdaq by 483 points. Even after President Trump’s announcement to postpone tariffs, the market remains volatile. Retail giants like Macy’s and Victoria’s Secret delivered bleak forecasts, contributing to the negative sentiment. Similarly, significant tech players such as Nvidia also experienced a downturn in their stock value.
Wall Street Plunges as Dow Jones Drops 427 Points, Nasdaq Falls 483 Points amid Tariff Delay and Market Instability
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Sycamore Partners acquires Walgreens Boots Alliance for $10 billion to revamp struggling company and boost competitiveness.
