Stocks Tumble Into Correction as Trump Policies Roil Sentiment
Traders work on the floor of the New York Stock Exchange.
Photographer: Michael Nagle/BloombergTariff worries rattled Wall Street again Thursday, pushing the S&P 500 into a correction that left it at the lowest in six months.
The S&P 500 fell 1.4% on the day, bringing its three-week rout past 10%, a level that meets the technical threshold for a correction. It’s down more than 6% for the year. The tech-heavy Nasdaq 100 Index, also in a correction, tumbled 1.9% on the day. The Dow Jones Industrial Average fell 1.3%, bringing it 9.3% below its last record in December.