Story perspectives
U.S. Stocks Dive as Tariff Fears Ignite Market Volatility
5/25/2025
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Story summary
- U.S. stocks declined on Friday, with major indexes down over 2% for the week due to proposed tariffs.
- Apple shares fell 3% amid concerns over potential tariffs on non-U.S. iPhones.
- Canada’s TSX index saw a slight rise from gold mining shares but still ended the week lower.
- March retail sales rose by 0.8%, signaling positive domestic economic trends.
- The CBOE Volatility Index increased, indicating growing market uncertainty.
