On Thursday, April 3, 2025, investors reacted strongly to new and broad tariffs placed on U.S. trade partners. All four major U.S. market indices were down significantly today. The S&P 500 lost 4.8%, Dow Jones Industrial Average gave back 4.0%, Nasdaq Composite index declined by 6.0%, and Russell 2000 index decreased by 6.6%. To find single-day losses of similar magnitudes, we will have to look back to the COVID-19 pandemic era of 2020. The losses today added to already growing losses for the year. Year-to-date, returns are -8.2% for the S&P 500, -4.7% for Dow Jones Industrial Average, -14.3% for Nasdaq Composite, and -14.3% for Russell 2000. We have prepared twelve (12) charts that show these market reactions.