Wall Street trips as Trump’s tariff fans uncertainty – The Times of India

World shares on Monday have been dragged down by losses on Wall Street and European equities as recent uncertainty round tariffs intensified after US President Donald Trump introduced new levies following a US Supreme Court docket ruling final week.Wall Street’s most important indexes slid, with software program and financials being the most important drags on the benchmarks. Citigroup was down 5.4%, whereas JPMorgan Chase and Wells Fargo dropped greater than 4% every. The Dow Jones Industrial Common fell 1.6%, S& fell 1.2% and Nasdaq Composite fell 1.3%.The US Supreme Court docket in a Friday ruling voided most of the tariffs Trump imposed final yr. Utilizing a special statute, Trump introduced first a ten%, then a 15%, international levy that would final 5 months whereas the administration searches for extra sturdy workarounds. Software program-associated corporations have been additionally amongst high decliners. The S& Software program and Companies index was down 3.8%, extending its 23.5% drop this yr over AI disruption fears .