Stocks lose ground amid inflation concerns, trade war worries

Gold prices hit a record high as global shares fell due to concerns over U.S. tariffs. The Dow, S&P 500, and Nasdaq saw significant declines. Inflation and geopolitical tensions are driving investors towards safe-haven assets. U.S. Treasury yields and the dollar weakened, while oil prices remained flat amid supply concerns and the impact of tariffs on the global economy.