Wall Street Sinks as Trump's Tariffs and New Tool Shakes Markets
Wall Street indices fell as Anthropic's new artificial intelligence tool disrupted cybersecurity stocks while Donald Trump threatened tariffs after a Supreme Court ruling.The Dow Jones dropped 822 points as the EU placed its trade deal with the USA on hold following warnings of higher levies on Truth Social.While firms like
IBM and
CrowdStrike faced losses,
Eli Lilly and Vir Biotechnology rose as investors awaited earnings from
Nvidia and
Salesforce.