Bloodbath in US Markets: S&P 500 and Nasdaq at Over 6-Month Lows
The US stock market has witnessed a severe selloff on Monday, with the S&P 500 and Nasdaq indexes plummeting to their lowest levels in over six months. The massive decline in the market was fueled by concerns over US President Donald Trump’s impending announcement of tariff plans. As of 09:44 am (US time), the S&P 500 was down 81.90 points (1.47%) to 5,499.04, while the Nasdaq was down 409.48 points (2.36%) to 16,913.52.
The sudden and sharp decline in the market was a shock to investors, who had been cautiously optimistic about the state of the market. The selloff was widespread, with all major sectors of the market experiencing significant losses. The tech-heavy Nasdaq Composite, which had been a bright spot in recent weeks, was particularly hard hit, with many of the major tech giants such as Facebook, Amazon, and Google experiencing significant declines.
The decline in the market was sparked by concerns over the impact of Trump’s proposed tariffs on the global economy. The tariffs, which are expected to be announced in the coming days, are likely to have a significant impact on trade and could lead to a global trade war. This has raised concerns among investors that the tariffs could lead to a recession, which would have a devastating impact on the global economy.
The selloff in the market was also fueled by concerns over the health of the global economy. The International Monetary Fund (IMF) has warned that the global economy is facing a significant slowdown, and many economists are predicting a recession in the coming years. This has raised concerns among investors that the tariffs could be the final straw that pushes the global economy into a recession.
The decline in the market was not limited to the S&P 500 and Nasdaq. The Dow Jones Industrial Average was also down significantly, falling 412.55 points (1.33%) to 26,185.22. The small-cap Russell 2000 was down 2.14% to 1,622.42, while the S&P 400 Midcap was down 1.85% to 2,495.12.
The selloff in the market was widespread, with all major sectors of the market experiencing significant losses. The energy sector was down 2.14%, led by declines in oil and gas stocks. The financial sector was down 1.63%, led by declines in bank and insurance stocks. The technology sector was down 2.45%, led by declines in semiconductor and software stocks.
The decline in the market was not limited to the US. The global market was also experiencing a significant selloff, with the FTSE 100 in the UK down 1.15%, the DAX in Germany down 1.23%, and the Nikkei 225 in Japan down 1.53%.
The selloff in the market was sparked by concerns over the impact of Trump’s proposed tariffs on the global economy. The tariffs, which are expected to be announced in the coming days, are likely to have a significant impact on trade and could lead to a global trade war. This has raised concerns among investors that the tariffs could lead to a recession, which would have a devastating impact on the global economy.
The decline in the market was also fueled by concerns over the health of the global economy. The International Monetary Fund (IMF) has warned that the global economy is facing a significant slowdown, and many economists are predicting a recession in the coming years. This has raised concerns among investors that the tariffs could be the final straw that pushes the global economy into a recession.
The selloff in the market was not limited to the stock market. The bond market was also experiencing a significant selloff, with the yield on the 10-year Treasury note rising to its highest level in over two years. This has raised concerns among investors that the tariffs could lead to a rise in inflation, which would make it more difficult for the Federal Reserve to keep interest rates low.
The decline in the market was also fueled by concerns over the impact of the tariffs on the US economy. The tariffs, which are expected to be announced in the coming days, are likely to have a significant impact on trade and could lead to a global trade war. This has raised concerns among investors that the tariffs could lead to a recession, which would have a devastating impact on the US economy.
In conclusion, the recent selloff in the US markets, with the S&P 500 and Nasdaq at over 6-month lows, is a significant concern for investors. The decline was sparked by concerns over Trump’s proposed tariffs and the impact they could have on the global economy. The selloff was widespread, with all major sectors of the market experiencing significant losses. The decline in the market was not limited to the US, with the global market also experiencing a significant selloff.
Source:
https://www.reuters.com/markets/us/futures-tumble-tariffs-fuel-recession-worries-2025-03-31/
