US stock markets open sharply lower as economic contraction sparks...

US stock markets open sharply lower as economic contraction sparks selloff

Posté

US markets opened in red as the economy unexpectedly shrank by 0.3% in the first quarter, driven by increased imports and slower consumer spending. The decline raised concerns about President Trump's tariff policies, with the Dow, Nasdaq, and S&P 500 all experiencing significant drops. European and Asian markets showed mixed reactions amidst global trade uncertainties.

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