President Donald Trump’s “Liberation Day” is fast approaching, and stock markets from Wall Street to Wellington, New Zealand, are falling Monday in advance of it.
In New York, the S&P 500 was down 0.4% following one of its worst losses of the past couple of years on Friday. It’s on track to finish the first three months of the year with a loss of 5.5%, which could make this its worst quarter in nearly three years.