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Dow, Nasdaq slide as trade concerns linger despite Trump’s EU tariff reprieve

IndiaTimes Monday, 26 May 2025
US markets initially surged following President Trump's tariff delay on EU goods, but quickly reversed course. The Dow, S&P 500, and Nasdaq all declined, fueled by ongoing trade anxieties. Apple shares dropped due to potential tariffs on foreign-made smartphones. European markets rallied on Trump's announcement, while investors await key economic data and monitor Trump's fiscal policies.
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