Stock Market Plunges 1,500 Points Amid Trump Tariff Turmoil

Stock Market Today: Live Updates

April 6, 2025 - The stock market is experiencing a mixed day, with the Dow Jones Industrial Average and the S&P 500 Index trading lower, while the Nasdaq Composite is slightly higher.

Dow Jones Industrial Average

The Dow Jones Industrial Average opened at 32,500 and is currently trading at 32,350, a decline of 150 points. The index is led lower by declines in the likes of Apple, Microsoft, and Coca-Cola.

S&P 500 Index

The S&P 500 Index is also trading lower, down 0.5% at 3,900. The index is being pulled down by declines in the financial and healthcare sectors.

Nasdaq Composite

In contrast, the Nasdaq Composite is trading higher, up 0.2% at 12,300. The index is being led higher by gains in the technology sector, particularly in the likes of Amazon, Alphabet, and Facebook.

Market News

• The Federal Reserve is set to announce its latest interest rate decision later today. Markets are expecting a 25 basis point rate hike, but there is some uncertainty surrounding the decision.
• In corporate news, McDonald's is reporting a quarterly earnings miss, citing higher costs and lower sales. The stock is trading lower in response.
• The dollar is trading higher against major currencies, with the euro and yen both declining against the greenback.

Market Reaction

"It's a mixed day in the market, with some sectors performing better than others," said Peter Tuchman, a market analyst. "The Federal Reserve's rate decision is likely to have a significant impact on market direction, and we'll be watching closely to see what the central bank decides."

The stock market is expected to remain volatile in the coming days, with investors awaiting the Fed's rate decision and reacting to earnings reports from major companies.