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Tariff turbulence increases Markets reacted strongly on Thursday, April 3 to new tariff announcements. The S&P 500 went back into correction territory while the Dow tumbled more than 1,400 points and the Nasdaq fell 5% for the day. Thursday’s decline, coupled with losses over the past two months, puts markets back at the levels they…

March hasn’t been good for markets. Since hitting an all-time high of 6,144 on Feb. 19, the S&P 500 slid to around the 5,600 mark on Monday.1 The Dow and NASDAQ have also experienced a significant sell-off in that timeframe.2,3 The initial reason for the downward slide was President Donald Trump following through on tariffs…

Market Minute December 18, 2024 Markets experienced steep declines Wednesday, with the Dow falling 1,123 points, the S&P 500 losing 2.9%, and the Nasdaq sliding 3.6%.1 These one-day losses rattled investors as the Federal Reserve revealed a more conservative approach to interest rate cuts for 2025. The Fed announced its third rate cut of the…

Market Minute August 2, 2024 The U.S. stock market experienced a significant slump on Friday as investor concerns about economic growth were heightened by a cooler-than-expected jobs report. The Dow Jones Industrial Average plunged 610 points, or 1.51%, to around 39,358. The S&P 500 saw a decline of 100 points, or 1.84%, landing at 5,302,…