Stocks tumbled on Friday, adding to the massive losses of the day before and capping one of the worst weeks of Wall Street since the beginning of the century.
Market players began the optimistic week, optimistic that the reciprocal rates that were to be announced on Wednesday would give companies and investors a much necessary clarity on American trade policy. But investors have been caught by the size and scope of taxes, which should increase the effective American rate at its highest level for more than a century. Economists warn the prices of this magnitude could reduce economic growth and revive inflation.
This week’s market sale was one of the most punishing in recent memory. Here are some data points that put this very bad week in context:
Update-Avril 5, 2025: This item has been updated with additional information on the scale of the recent fall in the stock market and a new image.
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