Stocks' worst day since 2020, but it'll get worse

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April 3, 2025 • 7 mins

Markets dropped sharply overnight, with the Nasdaq down 6%. Leading the decline was Dell down 19%, Ralph Lauren falling 16%, and Australia's Ansell dropping 14%. Investors are awaiting retaliatory tariff announcements from affected countries, which will lead to further sharemarket impact. One bright spot? US 20-year bonds, up more than 3% in the past week. Securities mentioned Dell Technologies Hewlett Packard Ralph Lauren Nike Ansell iShares 20+ Year Treasury Bond ETF

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.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}Stocks' worst day since 2020, but it'll get worse