The S&P 500 has fallen more than 10% from its record high, entering a correction and shedding trillions of dollars in market value.
Summary
The U.S. stock market has lost over $5 trillion in value in three weeks as the S&P 500 fell 10% from its record high.
The decline, driven by concerns over Trump’s trade policies and slowing economic growth, has led to weaker consumer sentiment and cautious corporate outlooks.
Barclays strategist Emmanuel Cau noted rising uncertainty among investors.
The selloff has also hit AI-related stocks, with Nvidia down 17% and the Magnificent Seven ETF falling 16%.
The markets don't necessary react to people boycotting US products at the moment. It's more the uncertainty with the tariffs and other decisions from Washington.
They will when they lose international markets and all their supply chains that are not entirely in the USA charge them the "we need to price in your bipolar president risk" fees