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US stock futures tumble indicating another plummet on Wall Street after Trump's tariffs

1. S&P 500 futures dropped 4% following Trump's tariff announcement. 2. The index fell 10.5% in two days, losing $5 trillion. 3. Market approaches bear territory with a 17% decline from its peak. 4. Experts predict short-term gains are unlikely to sustain. 5. Economic advisors assure against imminent recession despite turmoil.

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FAQ

Why Very Bearish?

The substantial loss in market value mirrors historical selloffs, indicating strong negative sentiment.

How important is it?

The tariffs announcement has significantly affected market stability, influencing broad investor sentiment.

Why Short Term?

Immediate market reactions are likely, but recovery may take weeks as traders assess the situation.

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