Wall Street Tumbles on Tariff Fears, Geopolitical Tensions Ahead of Trump Davos Trip

Wall Street suffered its worst session since April as a broad selloff hit stocks, bonds and the dollar, driven by renewed tariff fears and rising geopolitical tensions ahead of President Trump’s trip to Davos. The S&P 500 posted its biggest drop since October, equity volatility surged, long-term Treasury yields climbed, and investors moved into safe havens, pushing gold to record highs while bitcoin sank sharply.

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