Investors prepared for another week of developments on President Trump's fast-moving tariff policies and for the kickoff of Big Tech earnings reports.

Shares of Ree Automotive plummeted to less than $1 apiece after the company issued a "going concern" warning and said it would pause production to stave off its losses. The stock dropped 73% to a low of 88 cents Thursday. This is the lowest shares have traded since the company went public in July 2021.

That yanked the index that’s at the center of many 401(k) accounts 16% below its record set two months ago. The Dow Jones Industrial Average dropped 971 points, or 2.5%, while losses for Tesla and Nvidia helped drag the Nasdaq composite down 2.6%.

NEW YORK — Dow sinks 1,000 points as worries about Trump's trade war and his criticism of the Federral Reserve spook investors.

The Dow Jones Industrial Average was down 1,062 points, or 2.7%, as of 11:45 a.m. Eastern time. Tesla and other Big Tech stocks had some of the sharpest losses, which dragged the Nasdaq composite ...

Stock Market News April 21, 2025: Dow ends down 970 points, S&P 500 and Nasdaq finish sharply lower as Trump slams Powell; dollar tumbles while gold hits record Last Updated: Updated 23 days ago

Trump’s tariffs and trade deals continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.