U.S. stocks tumble on lingering tariff worries, a day after relief rally

All three major indexes plunge as concerns mount over Trump's trade war

20250410N NYSE

U.S. stocks have seesawed in the wake of Trump's latest moves on tariffs. © Reuters

NEW YORK (Reuters) -- Wall Street stocks tumbled on Thursday on mounting worries over the economic impact of U.S. President Donald Trump's multifront tariff war.

All three major U.S. stock indexes suffered steep losses, forfeiting much of the previous session's gains as growing concerns over the escalating Washington-Beijing trade face-off dampened optimism over upbeat economic data and U.S.-Europe trade negotiations.

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