Bloodbath in US Markets: S&P 500 and Nasdaq at Over 6-Month Lows
The United States stock market has been dealing with a tumultuous period, with the S&P 500 and Nasdaq indexes plummeting to more than six-month lows on Monday. The massive selloff was sparked by investors’ growing concerns over US President Donald Trump’s upcoming announcement of tariff plans, which has fueled worries about a potential recession.
At 09:44 am (US time), the S&P 500 index was down 81.90 points, or 1.47%, to 5,499.04, while the Nasdaq composite index fell 409.48 points, or 2.36%, to 16,913.52. The indices have been under pressure in recent weeks due to a combination of factors, including concerns about the global economy, rising interest rates, and the ongoing trade tensions between the US and other major economies.
The selloff in the US stock market was echoed in other markets around the world, with Asian and European stocks also experiencing significant declines. The VIX, a measure of market volatility, surged to its highest level in over a month, as investors sought refuge in safe-haven assets such as gold and government bonds.
The US stock market has been under pressure in recent weeks, with the S&P 500 and Nasdaq indexes both experiencing significant declines. The S&P 500 has fallen over 6% since its recent peak in mid-March, while the Nasdaq has fallen over 8% over the same period.
The decline in the US stock market has been driven by a combination of factors, including concerns about the global economy, rising interest rates, and the ongoing trade tensions between the US and other major economies. The US Federal Reserve has raised interest rates several times in recent years, which has made borrowing more expensive and reduced the attractiveness of stocks.
The ongoing trade tensions between the US and other major economies have also weighed on the stock market. The US has imposed tariffs on imports from several countries, including China, Mexico, and Canada, which has led to retaliatory measures from those countries. The trade tensions have had a negative impact on the global economy, and have contributed to the decline in the US stock market.
The decline in the US stock market has also been driven by concerns about the impact of the ongoing trade tensions on the global economy. The trade tensions have led to a decline in global trade, which has had a negative impact on economic growth. The decline in global trade has also had a negative impact on the stock market, as many companies rely heavily on international trade to generate revenue.
In conclusion, the US stock market has been experiencing a tumultuous period, with the S&P 500 and Nasdaq indexes both falling to more than six-month lows. The decline has been driven by a combination of factors, including concerns about the global economy, rising interest rates, and the ongoing trade tensions between the US and other major economies. The decline in the US stock market has also had a negative impact on the global economy, and has contributed to the decline in the US dollar.
News Source:
https://www.reuters.com/markets/us/futures-tumble-tariffs-fuel-recession-worries-2025-03-31/
