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We spoke to experts to learn how Trump's tariffs will affect mortgage rates and the housing market.
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The gain was stronger than expected, though the impact of President Trump's tariffs and other policies on the labor market has yet to play out.
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Stock market today: Dow plunges 2,200 points, Nasdaq enters bear market as Trump tariffs spark worst meltdown since 2020 Yahoo FinanceTrump's self-inflicted tariff crisis sparks confusion, chaos and questions of competence CNNTrump bets 'beautiful' tariffs will boost US economy amid global recession fears India Today
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Dow crashes 2,200 points and Nasdaq falls into bear market territory as stocks extend selloff after Powell signals no imminent rate cuts FortunePowell sees tariffs raising inflation and says Fed will wait before further rate moves CNBCTariffs likely to cause higher inflation and slower growth, Powell warns The Washington PostFe
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Fears that President Trump's tariffs could slash global economic growth — and demand for oil — are weighing on the market.
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