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Market Turmoil: Dow Drops Over 800 Points Amid Tariff Concerns

KVIA•Monday, February 23, 2026 at 4:29 PM•CNN Newsource

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The stock market experienced significant declines on Monday, with the Dow Jones Industrial Average plummeting by 835 points, or 1.6%, as uncertainty surrounding President Trump's proposed tariffs unsettled investors. Following the Supreme Court's decision to strike down previous tariffs, Trump announced an increase to 15% on imports, further complicating market predictions. The S&P 500 and Nasdaq also fell, reflecting a broader trend of fear and volatility, as evidenced by a 14% rise in the VIX index. Investors are particularly concerned about the unpredictability of future tariff actions and their impact on stock performance, especially in the tech sector, which has seen a 6% decline since late October.

Key Details: • Dow Jones down 835 points, S&P 500 down 1.24%, Nasdaq down 1.4% • Trump's new tariff proposal raises rates from 10% to 15% • VIX index indicating high market volatility, surpassing 20 points • Gold prices rose by 2.9%, reaching above $5,200 per troy ounce • S&P 500 is 2.5% away from its record high set in January

economy tariffs stock-market volatility dow-jones

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