Stocks sink 723 points, or nearly 3% on Thursday after Trump Announces China Trade Action.
4 Things to Know About Stocks Right Now
- Shares of Facebook Inc (FB) fell for the third day of four after CEO Mark Zuckerberg broke his silence about the data privacy scandal. The stock declined 2.6% on Thursday.
- Donald Trump announced tariffs on Chinese goods entering the U.S.
- The Dow Jones Industrial Average was down sharply on Thursday and is now more than 2,600 points below its all-time high reached on Jan. 26.
- A bear market in stocks could be coming, reported TheStreet's Executive Editor Brian Sozzi.
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