Stock Market Sees Correction Amid Tariff Uncertainty
The Nasdaq Composite has plummeted over 2.6% to enter correction territory, with tech stocks leading the retreat as investors grapple with Trump's shifting tariff policy and concerns about the economy. Investors have been reassured by Broadcom's better-than-expected financial results, which saw shares rally roughly 10%. The S&P 500 sank nearly 2%, setting a new low since November.
- The relentless volatility in stock markets today underscores the growing unease among investors as they navigate the complex and often unpredictable landscape of global trade policies.
- What will be the impact on long-term investor confidence if President Trump's tariff policy continues to create uncertainty, potentially leading to a sharp decline in major market indices?