A day after recording its best gain since 2008, the S&P 500 fell 3.5 percent on Thursday, showing that fears about tariffs hampering economic growth were still alive.
Category: Standard & Poor’s 500-Stock Index
Wall Street Bursts With Anger Over Tariff ‘Stupidity’
Billionaire investors are in an unfamiliar position, watching and cringing as tariffs roll on and the stock market reels.
Wall Street’s Decision Makers Brace for More Chaos After Markets Plunge
The financial titans who backed Trump are now dealing with the fallout from his tariffs. They spent the weekend surveying the damage of last week’s major sell-off.
Stocks Tumble as Investors Balk at Tariff Plan
Stocks hadn’t fallen this far this fast since the early days of the coronavirus pandemic. A 9.1 percent drop in the S&P 500 is the steepest weekly decline since March 2020.
S&P 500 Has Worst Day Since June 2020 as Trade War Sets Off Slump
The S&P 500 fell almost 5 percent on Thursday, its worst drop since June 2020, as President Trump’s higher-than-expected tariffs set off another round of economic worry.
Does the Fed Share the Stock Market’s Worry About the Economy?
So far, the Federal Reserve has avoided commenting on the increasingly uncertain outlook, but investors are waiting to see whether it changes its projections on Wednesday.
Trump’s Moves Are Boosting Stocks … Overseas
For years, the S&P 500 soared above the stock indexes of other countries. But since Trump’s inauguration, it has fallen 6 percent and is now trailing major markets in Europe and China.
How the Stock Market Has Done Under Trump
When President Trump entered his first term, stocks were steadily marching upward. This time, the trajectory has inverted.
S&P 500 Dips Into Correction as Stock Market Sours on Trump
The S&P 500 is now more than 10 percent below its last record high — a line in the sand for investors worried about a sell-off gathering steam.
Stocks Slump as Trump Tariffs Take Effect
The S&P 500 added to recent losses in early trading. German automakers, many of which have plants in Mexico that make vehicles that are sold in the United States, were especially hard hit.