
Wall Street Turmoil Amid Tariff Tensions and Weak Payrolls
Published on: Aug. 1, 2025, 9:53 p.m. | Source: Devdiscourse
Wall Street's leading indices experienced a selloff triggered by new U.S. tariffs and weaker-than-expected job data. President Trump's tariffs on imports from several countries and moderating U.S. labor market dynamics further elevated market volatility. Key indices and stocks faced significant declines, with the technology and financial sectors notably impacted.