Markets thought they had a serious debt problem. Now they have a trade war problem to worry about again.

The S&P 500 closed near the flatline on Thursday, while the Dow Jones Industrial Average and Nasdaq Composite finished the session marginally lower.

The Dow, S&P 500, and Nasdaq are down after President Donald Trump threatened Apple with 25% tariffs on foreign-made iPhones.

Stock futures moved lower Thursday after major indexes posted steep declines yesterday amid mounting concerns about the federal deficit as a budget bill works its way through Congress.

Fears have grown that a new U.S. budget bill would put even more stress on the country’s already large deficit.

U.S. stocks are sinking after President Donald Trump threatened 50% tariffs on the European Union that could begin in a little more than a week.

The latest jobless-claims report, released Thursday, had little impact on stock futures, which were trading at their lowest levels of the morning shortly before the data hit. Initial jobless claims fell by 2,

CNBC co-anchors Becky Quick, Andrew Ross Sorkin, and Joe Kernen roasted President Donald Trump as stock futures plunged on new trade war threats.