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Shares in LVMH were on course for their biggest one-day drop in a year on Wednesday after the luxury bellwether missed third-quarter sales forecasts, dragging down the broader sector and erasing gains sparked by China’s stimulus measures
-4.23% 2025-04-04
The market crashed due to new U.S. tariffs announced by President Trump, triggering fears of a global trade war. Countries like China retaliated, worsening tensions. Investors panicked, fearing an economic slowdown, which led to sharp declines in major indices and erased billions in market value.
Reasons are not apparent
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-6.16% closed: 2024-10-19-4.23% 2025-04-04
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