U.S. Stocks Fall Amid Tariff Hike and AI-Related Market Concerns

U.S. stock markets experienced significant declines following President Donald Trump's announcement of raising temporary tariffs from 10% to 15% after the Supreme Court struck down his previous tariff policy. This move, combined with growing investor concerns over artificial intelligence disrupting key industries, led to broad sell-offs, particularly in technology and financial sectors. Safe-haven assets like gold and U.S. Treasuries gained amid heightened uncertainty. Asian and European markets also reacted negatively, reflecting global trade and economic anxieties. Futures indicated a modest recovery after the initial sell-off.