U.S. Releases Tariff Guidance on Aluminum, Steel, Copper; Stock Indices Slump Up to 9.1%

XAL-1.93%
XCU-4.4%
US500-2.92%
US50020-2.92%
The U.S. government released guidance on tariffs for aluminum, steel, and copper today, triggering a sharp selloff across major stock indices. The S&P 500 fell 2.6%, the Dow Jones Industrial Average dropped 711 points (down 1.38%), the Nasdaq declined 4%, and the semiconductor index plunged 9.1%.
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