Investor fears over U.S. President Donald Trump’s tariffs have triggered a major stock market sell-off, wiping out $4 trillion from the S&P 500 since its peak last month. Uncertainty over trade policies with Canada, Mexico, and China has rattled businesses and investors, leading to a sharp sentiment shift.
On Monday, the S&P 500 fell 2.7 percent, its biggest drop of the year, while the Nasdaq slid 4 percent, marking its worst decline since September 2022. The S&P 500 is now down 8.6 percent from its February high, nearing correction territory, while the Nasdaq has dropped over 10 percent from its December peak.
Source – CGTN