Stock Markets Tumble For Fourth Straight Day

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.

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