S&P 500 hits correction territory as Wall Street woes deepen
The S&P 500 index sunk into correction territory Thursday, falling 10 percent in less than a month from a record high.
The S&P was down 1.4 percent shortly before 1:30 EST, falling to just more than 5,512. That level is roughly 10 percent below the key index's most recent record high of 6,144.15, which was set Feb. 19.
The Dow Jones Industrial Average was down 1.4 percent and the Nasdaq composite was down 2 percent.
Thursday brought yet another day of steep losses for the stock market amid mounting concerns over the state of the economy and the potential impact of President Trump's trade agenda.
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Wall Street slide pulls S&P 500 into correction territory
Donald Trump’s latest trade broadside against Canada sparks renewed declines in volatile sessionFinancial Times - 2d -
S&P 500 falls into correction territory as Trump’s trade war escalates. Here’s what history says could happen next.
The sharp drawdown on the U.S. stock market picked up steam on Thursday, pushing the S&P 500 into correction territory.MarketWatch - 1h -
S&P 500 gets closer to correction territory Tuesday as investors grapple with Trump tariff fears
The U.S. stock market is struggling with soured sentiment over President Donald Trump’s tariffs, with the S&P 500 attempting to rebound from a big slump that left it near correction territory.MarketWatch - 1d -
Most of the S&P 500 is already in correction territory as benchmark teeters near milestone
As of Monday's close, 366 S&P 500 components, or 73%, were trading 10% or more below their respective 52-week highs.CNBC - 2d -
One of Wall Street's biggest bulls cuts his S&P 500 outlook, blaming Trump's tariffs
Widely followed strategist Ed Yardeni, one of the biggest bulls on Wall Street, lowered his market forecast, saying President Donald Trump’s tariffs raise the risk of stagflation.NBC News - 3h -
Stocks Fall Further on Trump’s Latest Tariff Talk
The S&P 500 is nearly 10 percent below its mid-February record — approaching a symbolic milestone known on Wall Street as a correction.The New York Times - 2d -
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.The New York Times - 25m -
S&P 500 falls further, down 10% from all-time high, as mood sours on Trump's tariff threats
The economic chaos unleashed by President Donald Trump has pushed the S&P 500 into a correction.NBC News - 2h -
Goldman Sachs flinches and lowers its S&P 500 target. The mechanics are the interesting part.
It’s been tough for Wall Street strategists to hold their nerve in the face of the ever-changing tariff policy.MarketWatch - 1d
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