Yahoo Finance reports:
US stocks fell on Thursday, with the S&P 500 officially entering into correction territory, as economic concerns grew and investors digested the latest inflation data, President Trump’s trade offensive, and a looming US government shutdown.
The S&P 500 dropped 1.4% to officially enter a correction, as it is now more than 10% off its February record high.
The tech-heavy Nasdaq Composite, which itself entered into a correction last week, shed nearly 2% on the heels of a rebound for both gauges. The Dow Jones Industrial Average slid 1.3%, or nearly 550 points.
Read the full article.
Newsmax’s conspiracy theory to explain away Trump tanking the stock market: “The markets were juiced up on this govt overspending … the Democrats were sacrificing the foundation of our financial system just to prop up the markets and make it seem like we were doing better than we actually were.”
— Aaron Rupar (@atrupar.com) March 13, 2025 at 4:09 PM
📉 Stock Market Selloff: S&P 500 Enters Correction, Dow Drops 500+ Points! 📊💥
📌 Major Index Declines:
🔹 S&P 500 (-1.4%) ✅ Now 10% below February highs = Official Correction
🔹 Nasdaq (-1.8%) ✅ Tech stocks lead selloff
🔹 Dow Jones (-1.3%) ⬇️ Drops 550 points📌 Market…
— AFV GLOBAL (@afvglobal) March 13, 2025