Breaking: Dow futures tumble 1,000 points on Trump’s tariffs

Trump announced retaliatory measures tariffs at 4 PM ET. 3 hours later the market has lost 1000 points. The market is not buying it.

From CNBC:

U.S. stock futures cratered as President Donald Trump unveiled sweeping tariffs of at least 10% and even higher for some countries, raising the risks of a global trade war that hits the already sputtering U.S. economy.

Futures tied to the Dow Jones Industrial Average lost 1,007 points, or 2.3%. S&P 500 futures dropped 3.4%. Nasdaq-100 futures …