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Dow Drops 822 Points After Trump Ramps Up New Tariffs

  • Rob Quinn--Newser
  • published date: 2026-02-23 21:37:55 UTC

US stocks slumped Monday after President Trump ramped up his newest tariffs, while investors continued to punish companies that could be losers in the artificial-intelligence revolution. The S&P 500 sank 71.76 points, or 1% to 6,837.75. The Dow Jones Industri…

Trump said on Saturday that he would place temporary 15% tariffs on other countries. That's up from the 10% rate he had announced Friday in response to a Supreme Court ruling that struck down his swe… [+2042 chars]