The Dow drops almost 500 points and the S&P 500 enters a correction as Trump tariffs rattle markets

Stocks entered a correction on Thursday as the S&P 500 index fell 10% from its recent peak after President Donald Trump escalated the trade war with 200% tariffs on European alcoholic beverages. This swamped a better-than-expected wholesale inflation report that showed prices continuing to slow.Read more...

Mar 13, 2025 - 20:15
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The Dow drops almost 500 points and the S&P 500 enters a correction as Trump tariffs rattle markets

Stocks entered a correction on Thursday as the S&P 500 index fell 10% from its recent peak after President Donald Trump escalated the trade war with 200% tariffs on European alcoholic beverages. This swamped a better-than-expected wholesale inflation report that showed prices continuing to slow.

Read more...