FinancialfocusHub.com
  • Home
  • Crude Oil
  • Cryptocurrency
  • Forex
  • Funds
  • Gold
  • Insurance
  • News
  • Stocks
No Result
View All Result
  • Home
  • Crude Oil
  • Cryptocurrency
  • Forex
  • Funds
  • Gold
  • Insurance
  • News
  • Stocks
No Result
View All Result
FinancialfocusHub.com
No Result
View All Result
ADVERTISEMENT

S&P 500 Falls into Correction Territory Amid Trump’s Tariff Threats

Alice by Alice
2025-03-14
in News
Stocks5

Stocks5

ADVERTISEMENT

The S&P 500 entered a correction on Thursday, falling more than 10% from its recent record high just three weeks ago. This drop comes amid growing concerns over President Donald Trump’s latest tariff threats, new inflation data, and the looming risk of a government shutdown. The index dropped 1.4% on Thursday, officially falling into correction territory, defined as a drop of over 10% from its peak.

Trump’s Tariff Threats and Inflation Concerns

The trigger for the market’s decline came from Trump’s warning of a 200% tariff on European wine, champagne, and other spirits. This move is seen as retaliation for the European Union’s decision to impose a 50% tariff on U.S. whiskey and bourbon, as well as for Trump’s ongoing tariffs on steel and aluminum. The threat of escalating trade tensions has intensified inflation concerns on Wall Street, despite inflation cooling slightly in February, with the consumer price index rising by just 0.2%.

ADVERTISEMENT

“Tariff uncertainty has captured most of the blame for the selling pressure,” said Adam Turnquist, chief technical strategist at LPL Financial. “It’s exacerbating economic growth concerns.”

ADVERTISEMENT

The Tech Sector and Other Major Indices Hit Hard

The Nasdaq Composite, which is more tech-heavy, also slid nearly 2%, having already entered correction territory last week. The Dow Jones Industrial Average saw a significant drop, losing nearly 550 points, or 1.3%, on Thursday.

ADVERTISEMENT

Kristina Hooper, Invesco’s chief global market strategist, noted that markets are increasingly concerned about the risk of a recession, a stark contrast to expectations going into 2025.

Inflation Data and the Growing Government Shutdown Threat

The latest inflation data showed that the consumer price index rose 0.2% in February, keeping annual inflation at 2.8%. However, this cooling was not enough to mitigate concerns about rising tariffs.

Meanwhile, the threat of a government shutdown is adding to the instability. Senate Democrats have signaled their intention to block a Republican spending bill aimed at preventing a shutdown. They are pushing for a funding plan to last until April 11.

Trump’s Tariff Stance and Market Volatility

Despite the mounting economic concerns, Trump remained steadfast in his tariff stance, stating that he would not consider exempting Canada from tariffs. “I’m sorry, we have to do this,” he said.

As Wall Street faces growing uncertainty, it seems that the volatility driven by tariff threats and political gridlock is likely to continue, adding pressure to the already struggling markets.

Related topics:

  • What Is the Average Return on Stocks?
  • What Is Multiple Expansion in Stocks?
  • What Does 52-Week Range Mean in Stocks?
ADVERTISEMENT
Previous Post

US Stock Futures Rise After S&P 500 Closes in Correction Territory

Next Post

Watchdog Group Raises Concerns Over U.S. Stablecoin Bill

Alice

Alice

Related Posts

U.S. And Saudi Arabia Aim For Closer Financial Ties As Trump Visits Riyadh
News

U.S. And Saudi Arabia Aim For Closer Financial Ties As Trump Visits Riyadh

2025-05-13
Trump’s 1977 Tariff Law And The Court Battle That Stopped Him
News

Trump’s 1977 Tariff Law And The Court Battle That Stopped Him

2025-05-13
Workers Can Pay For Heat Pumps Through Wage Sacrifice
News

Workers Can Pay For Heat Pumps Through Wage Sacrifice

2025-05-13
Stock Market Set To Flash Rare Bullish Signal
News

Foreign Investors Return To Asian Stocks In May

2025-05-13
South32 Appoints Matthew Daley As CEO Until 2026
News

South32 Appoints Matthew Daley As CEO Until 2026

2025-05-12
China, U.S. Reach Deal To Cut Trade Tariffs
News

China, U.S. Reach Deal To Cut Trade Tariffs

2025-05-12
Japan’s Overseas Stock Buying Hits 20-Year High In April
News

Japan’s Overseas Stock Buying Hits 20-Year High In April

2025-05-12
U.S., China To Cut Most Tariffs: Trade Rep Greer
News

U.S., China To Cut Most Tariffs: Trade Rep Greer

2025-05-12
Pinterest Ceo Says It’S “Where Gen Z Is Shopping”
News

Pinterest Ceo Says It’S “Where Gen Z Is Shopping”

2025-05-11
Next Post
Cryptocurrency4

Watchdog Group Raises Concerns Over U.S. Stablecoin Bill

Insurance5 (2)

How to File a Roof Insurance Claim?

Insurance4

How to Apply for Kaiser Insurance

Popular Articles

How Much Does Adderall Cost Without Insurance?
Insurance

How Much Does Adderall Cost Without Insurance?

by jingji06
2025-05-07

Adderall is a prescription medication commonly used to treat attention deficit hyperactivity disorder (ADHD) and narcolepsy. It contains a combination...

Vertex Price Exposed to a Free Fall

Vertex Price Exposed to a Free Fall

2025-05-11
(Zm) Regains Its Positive Strength

(Zm) Regains Its Positive Strength

2025-05-10
How Much Does Slynd Cost Without Insurance?

How Much Does Slynd Cost Without Insurance?

2025-05-08
Stocks21

What Is Sma In Stocks? A Complete Beginner’s Guide

2025-05-11
What Is the Penalty for Not Having Health Insurance in New York?

What Is the Penalty for Not Having Health Insurance in New York?

2025-05-13
Stocks10

What Is A Bull Market In Stocks? Key Concepts

2025-05-08
How Much Does Xanax Cost Without Insurance?

How Much Does Xanax Cost Without Insurance?

2025-05-07

Recent Posts

U.S. And Saudi Arabia Aim For Closer Financial Ties As Trump Visits Riyadh
News

U.S. And Saudi Arabia Aim For Closer Financial Ties As Trump Visits Riyadh

by Alice
2025-05-13

This article details President Donald Trump's visit to Saudi Arabia, Qatar, and the United Arab Emirates (UAE) in a bid...

Trump’s 1977 Tariff Law And The Court Battle That Stopped Him

Trump’s 1977 Tariff Law And The Court Battle That Stopped Him

2025-05-13
Workers Can Pay For Heat Pumps Through Wage Sacrifice

Workers Can Pay For Heat Pumps Through Wage Sacrifice

2025-05-13
Stock Market Set To Flash Rare Bullish Signal

Foreign Investors Return To Asian Stocks In May

2025-05-13
How To Invest In International Stocks: A Step-By-Step Guide

What Are The Advantages And Disadvantages Of Common Stocks?

2025-05-13
How To Trade Forex With Metatrader 4

5 Steps To Buying Fintech Stocks

2025-05-13
P/E Ratio In Stocks: What It Means & How To Use It

P/E Ratio In Stocks: What It Means & How To Use It

2025-05-13
Ask Size In Stocks: What It Means?

Ask Size In Stocks: What It Means?

2025-05-13

Cryptocurrency

Cryptocurrency27

NFT Marketplace X2Y2 to Shut Down After Three Years as Trading Volume Plummets

2025-04-04
Cryptocurrency

Elon Musk Denies U.S. Government Plans to Use Dogecoin, Cryptocurrency Drops 3%

2025-04-01
Cryptocurrency

Gold Bull Peter Schiff Bets on Bullish Gold Amid Bitcoin’s Struggles

2025-03-30
Cryptocurrency

Fidelity Plans to Launch Spot Solana ETF

2025-03-29
Cryptocurrency

BlackRock Launches Bitcoin ETP in Europe: A Key Step for Institutional Adoption

2025-03-28
Cryptocurrency

Closing Bell Movers: GameStop Gains 7% on Earnings, Bitcoin Announcement

2025-03-27
FinancialfocusHub.com

FinancialFocusHub.com is your gateway to insightful financial guidance and strategies. Explore expert advice on investing, saving, and managing wealth. Stay informed with the latest trends and tools to empower your financial journey.

Recent Posts

  • U.S. And Saudi Arabia Aim For Closer Financial Ties As Trump Visits Riyadh 2025-05-13
  • Trump’s 1977 Tariff Law And The Court Battle That Stopped Him 2025-05-13
  • Workers Can Pay For Heat Pumps Through Wage Sacrifice 2025-05-13
  • Foreign Investors Return To Asian Stocks In May 2025-05-13
  • What Are The Advantages And Disadvantages Of Common Stocks? 2025-05-13

TAGS

Useful Links

ABOUT US

Disclaimer

Privacy Policy

Copyright © 2024 financialfocushub.com

No Result
View All Result
  • Home
  • Forex
  • Insurance
  • News
  • Stocks

Copyright © 2024 FinancialFocusHub.com is your gateway to insightful financial guidance and strategies. Explore expert advice on investing, saving, and managing wealth. Stay informed with the latest trends and tools to empower your financial journey.