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Stock Market

S&P 500 enters correction, Dow sinks 500 points amid Trump’s latest tariff threats

Tariff-related concerns have sent stocks reeling over the past month, with the S&P 500 (^GSPC) down about 5% year to date as of Thursday morning. Investors may want to remember that while policy shifts are unsettling, pullbacks of 5% to 10% in the benchmark index are not uncommon. "On average, the index experiences three drawdowns of between 5% and 10% each year," Jeff Buchbinder, chief equity strategist at LPL Financial, wrote in a note to clients. “In fact, the S&P 500 has had at least one 5% pullback in 94%...
Stock Market

S&P 500 nears correction as stock sell-off deepens amid Trump’s latest tariff threats

Tariff-related concerns have sent stocks reeling over the past month, with the S&P 500 (^GSPC) down about 5% year to date as of Thursday morning. Investors may want to remember that while policy shifts are unsettling, pullbacks of 5% to 10% in the benchmark index are not uncommon. "On average, the index experiences three drawdowns of between 5% and 10% each year," Jeff Buchbinder, chief equity strategist at LPL Financial, wrote in a note to clients. “In fact, the S&P 500 has had at least one 5% pullback in 94%...
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