Selloff resumes on Wall Street as markets digest tariffs

Wall Street’s major indexes dropped on Thursday as worries mounted over how steep tariffs might rattle the global economy, reversing the huge gains from the day before when President Donald Trump eased levies on select countries. The shift came less than a day after the new tariffs hit most trading partners, sparking Wednesday’s massive rally — the S&P 500’s best single-day percentage surge since 2008 and the Nasdaq’s biggest one-day leap since 2001.
Reuters:&l