Stocks Plunge After Trump Declares Web Rumor on Tariffs ‘Fake News’

Published on April 7, 2025
President Donald Trump speaks to reporters about the collision of an American Airlines flight with a military Black Hawk helicopter near Ronald Reagan National Airport, in the Brady Press Briefing Room at the White House on January 30, 2025 in Washington, DC.

The stock market had a brief moment of hope on Monday morning thanks to a false rumor.