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Dow slides and S&P 500 closes in correction as Trump's trade war escalates


Published on 2025-03-13 23:21:11 - CNN
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  • US stocks slid Thursday and the S&P 500 closed in correction, down more than 10% from its record high in February, as President Donald Trump threatened new tariffs on the European Union.

The article from MSN Money discusses the recent downturn in the U.S. stock market, with the Dow Jones Industrial Average experiencing a significant slide and the S&P 500 entering correction territory. This market reaction is largely attributed to the escalation of former President Donald Trump's trade war with China. The trade tensions have led to increased tariffs, causing uncertainty among investors about future economic growth and corporate earnings. The article highlights how these trade disputes are not only affecting stock prices but also contributing to broader economic concerns, including potential impacts on global trade, inflation, and consumer spending. Additionally, it notes that while some sectors might benefit from tariffs, the overall market sentiment remains cautious, with investors seeking safe-haven assets like bonds and gold.

Read the Full CNN Article at:
[ https://www.msn.com/en-us/money/top-stocks/dow-slides-and-s-p-enters-correction-territory-as-trump-s-trade-war-escalates/ar-AA1ARyFZ ]