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Major Declines Hit U.S. Stock Markets

On Tuesday, U.S. stock markets experienced their steepest single-day declines in three months, as investor anxiety mounted following President Trump’s latest tariff threats directed at Europe. This development fueled fears of increased market turbulence and led to widespread selling.

• The Dow Jones Industrial Average dropped by 1.76%.
• The S&P 500 slid 2.06%.
• The Nasdaq tumbled 2.39%.

Additionally, the U.S. dollar suffered its sharpest daily drop in over a month after the White House issued warnings to Europe regarding Greenland’s future. This triggered significant selloffs in both American stocks and government bonds, while the euro and British pound strengthened against the dollar.