Wall Street ends lower on tariff uncertainty

Quick Summary:

US stocks ended slightly lower on Tuesday as tariff uncertainty stayed high and shares of consumer and healthcare companies eased, while upbeat results from banks provided some support.

Trump's April 2 announcement of sweeping tariffs sparked turmoil in the market and fueled worries about a global trade war and possible recession.

Still, bank executives warned that US consumer spending faces huge risks if the upheaval sparked by President Donald Trump's trade policy goes on.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChina

Topics: BoeingBan TariffUncertainty BankEarnings Markets MarketVolatility EarningsGuidance /Business/ HealthcareSector TradeWar ConsumerStocks

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-16 @ 06:26:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 718 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 27933014

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 38 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 26 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #22

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