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The S&P 500 plunged 4.8% on Thursday, April 3

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The S&P 500 plunged 4.8% on Thursday, April 3, 2025 , a day after President Donald Trump announced widespread "reciprocal" tariffs on US trading partners around the globe.

Dell Technologies ( DELL ) stock suffered the steepest drop in the market, plummeting 19% .

Shares of potato provider Lamb Weston Holdings (LW) bucked the downward pressure on the broader markets, jumping 10% .