These Billionaires Are Today's Biggest Winners After Another Dramatic Stock Market Session | Tariffs

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Forbes

Business News, News, Entrepreneurship, Business

4.8 • 6 Ratings

🗓️ 8 April 2025

⏱️ 19 minutes

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0:00.0	Hi, everyone. I'm Maggie McGrath, senior editor at Forbes.
0:06.9	Markets had a volatile day of trading on Monday in the third trading day since President Trump
0:12.3	announced sweeping tariffs across the globe.
0:15.6	Joining us to discuss the market reaction is my colleague, Giacomo Tonini.
0:20.1	He is a staff writer on our wealth team.
0:22.4	Giacomo, thank you so much for joining us.
0:25.3	Hi, Maggie, great to be here.
0:26.9	So as I said, it was a very volatile day on the markets.
0:30.1	I think the Dow recorded its largest intraday trading swing ever recorded.
0:36.3	Tell us what's going on.
0:39.8	Right. So, I mean, the sell-off started, you know, this morning, looking what was happening in Asia and Europe. And then there's a lot of
0:45.0	volatility. Markets opened pretty down in the U.S. Then there was a bit of a recovery.
0:51.2	When there was reports that President Trump was considering,
0:55.0	um,
0:56.9	pausing the tariffs for 90 days.
0:57.9	Those turned out to be, to be false.
0:59.2	Uh,
0:59.6	and then the,
1:00.9	the,
1:01.0	you know,
1:02.2	stocks were trading down again.
1:04.0	They got some P500 closed about,
	...

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