Shares of Morgan Stanley (NYSE: MS) fell on Thursday. The wealth management and investment banking giant's stock lost 9.5% as of market close and was down as much as 10.4% earlier in the day. The decline comes as the S&P 500 and Nasdaq had their worst day in years.

Trump announced his broadest slate of tariffs to date on Wednesday, saying he would slap a baseline 10% duty on all foreign imports into the U.S. and impose greater levies on several longstanding trading partners in a bid to respond to perceived unfair trade practices.

U.S. stock markets plummeted after the opening bell Thursday, as investors registered shock at President Donald Trump's sweeping retaliatory tariffs.

U.S. businesses have talked a lot about tariffs in the past few months, but very few modeled for them in their earnings outlooks. With President Donald Trump's multi-front trade war now in full effect,

Amazon billionaire Jeff Bezos could be one of the victims of Trump's new trade war after new figures showed that the retail giant is hugely reliant on imports from China

President Donald Trump is a big fan of fast food, and investors might become aficionados too as a way to ride out the impact of tariffs, according to a basket of stocks put together by Morgan Stanley.

China vowed to retaliate against Donald Trump’s biggest tariffs yet, putting the world’s largest economies on a collision course that risks decimating bilateral trade and upending supply chains.

Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their commitments to diversity, equity and inclusion programs.