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Posted on 02/23/2026 7:52:07 AM PST by lasereye
US stocks retreated on Monday as investors grappled with the fallout from the Supreme Court's rebuff of President Trump's most sweeping tariffs, which has thrown major trade deals into doubt.
The Dow Jones Industrial Average (^DJI) led the way down, losing roughly 1.3%, or over 600 points. Meanwhile, the S&P 500 (^GSPC) and the tech-heavy Nasdaq Composite (^IXIC) both fell roughly 0.6%, coming off a volatile but winning session on Friday.
Growing uncertainty about the global trade landscape is unsettling markets amid debate about Trump's next moves and reaction from countries that have signed US trade pacts.
The Supreme Court's invalidation of many US tariffs on Friday initially fueled trade hopes and buoyed stocks. But Wall Street gauges and the dollar (DX-Y.NYB) are starting the week on the back foot after Trump said Saturday that the US will lift the baseline tariff rate on imports to 15%, effective immediately.
In a strong response, the EU rejected any hike in tariffs, saying "a deal is a deal" and calling on Washington to clarify the steps it will take. Meanwhile, the US customs agency said it will stop collecting the overturned tariffs.
(Excerpt) Read more at finance.yahoo.com ...
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Chaos!
The EU saying “a deal is a deal” is sheer stupidly Nd arrogance. We need to crush them for being the stinking, murderous communists that they are.
“The Supreme Court’s invalidation of many US tariffs on Friday initially fueled trade hopes and buoyed stocks”
Oh Boy! Cheep China Crap, coming back! Thanks Jonny Roberts!
The Landed Class celebrates
And it will be right back by Wednesday. Hopeful doom and gloom. Any trace of negativity is good
Yahoo Finance?!
It did this last year when the tariffs were 1st announced. I think I made 18% returns following that. This will probably be the same.
Dear Yahoo Finance,
Full discloser: I’m not a stock market expert, but ...
Last year on April 2nd, some friends of mine bitched at me for voting for Trump because the day before the stock market had a big downer.
Having confidence in Trump, I saved in my phone the DJIA on that day, 4/2/2025. It was 42,225.
I just looked and it’s 48,954. That’s a 15.9% increase in just 10 1/2 months!
But Yahoo wants to hate Trump, so ...
Wrong. Trump The Deep State Military Tower, Soviet II, is not sharing tariff money with all who voted MAGA, just the Military State.
If we ALL had our share, positivism would have kept us BUYING.
Now, the currency debasements, are giving ALL, a facial. But the Ballroom buyers of influence are attempting to keep themselves insulated. While everyone else is left to suffer.
This is a slimy attempt for a hidden Bailout.
Well the dow is below 50k. Start making those arrests you’ve been slow walking, Bondi.
Uh, it’s not even noon yet!
I love market downturns.
It scares the timid to sell their stock right away and the smart people then move in to buy cheap.
In the long term these daily moves are inconsequential.
These so called, “markets” (worldwide, all of them), are nothing but centralized means of total control now.
There’s been zero, again zero, no free market here any longer since the enactment of the Presidential Workings on Finance Groups. PPT.
Let that sink. There is NO free market any longer. None
Just Ballroom buyers of influence, The Group, controlling how the debasements of currency will insulate only themselves. And good at influence of stuffing the pockets of Congress.
The Communists Controllers are living well. But this time, a Global, Soviet II.
They hated Trump, the first time, but loving him this time. Hail for the ballrooms of influence, many of them. Just so MAGA really doesn’t share.
Soviet State II. Global 🌐
It has nothing to do with a major snowstorm hammering most of the northeast... including Wall Street.
The EU will be living under the Muslim caliphate in about 50 years...
The market dropped on “Liberation Day.” The market drops on “Tariff off” day. It seems to me that the market just wants to drop.
Keep in mind that China is just getting back to work today. While not a HUGE part of our markets, they have been gone for a week or so, and they are adjusting to what happened during that time.
This is especially true in the metals market.
I started moving to “safety” at the end of last year when tech was on fire.
Seems a lot of people followed me over the last couple of months and my defensive stocks look like growth stocks now.
Sheer luck.
The stock market was ALREADY heading down. It peaked a month ago. Here’s my chart:
https://www.tradingview.com/x/wHBMx6lO/
Gas prices going up, stock market going down.
If it’s the economy, stupid, the GOP had better govern while they have the chance.
We had a “double top” which is usually followed by a falling market.This is a close-up. I’m not sure why this the link, since I didn’t zoom in like this chart is showing. It shows the top was put in place last year. Strange.
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