Stock Market Today Plummets in Correction
US stocks tanked to session lows on Thursday after more tariff whiplash from the Trump administration, with the Dow Jones Industrial Average falling 1%, or over 400 points, while the S&P 500 dropped nearly 2%. The tech-heavy Nasdaq Composite plummeted more than 2.6% and has now entered correction territory, down more than 10% from its December record high. Trade-war uncertainty has persisted as investors weighed how far President Donald Trump would be willing to negotiate on tariffs.
- This episode highlights the precarious relationship between investor sentiment and market volatility in the era of populist policies, where unexpected shifts can trigger massive sell-offs.
- Will this correction mark a turning point for the markets, or will it continue to ebb and flow in response to Trump's trade agenda?