Dow Jones sinks 500 points as Trump’s Greenland tariff threat rattles Wall Street
The Dow Jones Industrial Average plunged 582.97 points by midday Tuesday after President Trump announced new tariffs on imports from eight NATO allies, triggering a broad selloff. The S&P 500 and Nasdaq also fell, with declines in tech, banking, and industrial stocks. European leaders plan an emergency summit Thursday in response. The Cboe Volatility Index spiked to its highest level in eight weeks.