archiveFederal Reserve rate cut

Stock Market

Facts About The Stock Corrections, Tariffs, And Consumer Confidence

Last week, the S&P 500 hit correction territory, which is defined as a 10% decline from a previous ... high. The pressure on stocks seems to come from an economic growth scare, which includes plunging consumer confidence, with additional fuel provided by the policy uncertainty surrounding tariffs. (Photo by Jaap Arriens/NurPhoto via Getty Images)NurPhoto via Getty Images Last week, the S&P 500 hit correction territory, which is defined as a 10% decline from a previous high. Stocks rebounded on Friday, so the S&P 500 sits a little over 8% below...