Stocks fell sharply at the market open Monday morning, briefly recovered, but then continued the descent that started last week when President Donald Trump announced far-reaching tariffs on imported goods.

The Dow Jones Industrial Average dropped about 2.1%, the Nasdaq had fallen 1.4% and the S&P 500 was down 1.6% as of 10:45 a.m.

As Long Islanders weather the latest stock market turmoil, here are answers to some key questions:

Read more here 

Get the latest news and more great videos at NewsdayTV Credit: Newsday

Wear RED Day ... FeedMe: Robke's ... State Democratic convention ... Get the latest news and more great videos at NewsdayTV

SUBSCRIBE

Unlimited Digital AccessOnly 25¢for 6 months

ACT NOWSALE ENDS SOON | CANCEL ANYTIME