U.S. equities are plunging at midday, dragged lower by Trump administration’s sweeping reciprocal tariffs. The 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average, 澳洲幸运5官方开奖结果体彩网:S&P 500, and Nasdaq all plummeted.

Apple (AAPL) shares sank, leading 澳洲幸运5官方开奖结果体彩网:Magnificent Seven declines, after President Trump imposed a 34% import tax on China, adding to 20% levies imposed earlier. Apple manufactures about 90% of its hardware in China🦋.

Target (TGT) shares tumbled, joining other retailers, on worries that the increased tariffs could negatively impact 🌼profit margins unless they and their suppliers raise prices.

Acuity (AYI) shares fellꦉ after the industrial technology company's fiscal second-quarter revenue and profit came up short of analysts' estimates.

Lamb Weston (LW) was among the top S&P 5🧸00 gainers as the frozen potato company posted higher-than-estimated quarterly results.

Kroger (KR) shares jumped as the grocer gained from investor buy🅰ing൲ of consumer staple stocks.

Diageo (DEO) shares rose, as the lack of reciprocal tariffs on Mexico and Canada benefited the maker of🃏 Don Julio tequila and Crown Royal Canadian whiskey.

Oil futures sank. The yield on the 10-year Treasury note and gold futures fell. The U.S. dollar lost ground to the euro, pound and yen. Prices for most major cryptocurrencies tumbled.