S&P 500, Nasdaq 100, Dow Jones Fall Sharply Amid Tariff Concerns
The S&P 500 extended its decline by 2%, while the Nasdaq 100 fell by 2.4%. This downturn follows a week where the S&P 500 declined by 1.5%, and both the Dow and Nasdaq fell over 2%, marking the third weekly drop in the past four weeks. The recent decline in the S&P 500 and Nasdaq 100 can be attributed to several factors, including concerns over tariff increases and their potential impact on inflation and economic growth. The S&P 500's decline to 2.1% as of 10:22 a.m. New York time, with the Nasdaq 100 falling 2.5%, indicates a broad-based sell-off in the market. The Dow Jones Industrial Average also fell 1.9% during this period, reflecting a broader market downturn.
The recent decline in the S&P 500 and Nasdaq 100 can be attributed to several factors, including concerns over tariff increases and their potential impact on inflation and economic growth. The S&P 500's decline to 2.1% as of 10:22 a.m. New York time, with the Nasdaq 100 falling 2.5%, indicates a broad-based sell-off in the market. The Dow Jones Industrial Average also fell 1.9% during this period, reflecting a broader market downturn.
Analysts have pointed out that the recent decline in the S&P 500 and Nasdaq 100 is a result of concerns over tariff increases and their potential impact on inflation and economic growth. The decline in the S&P 500 to 2.1% as of 10:22 a.m. New York time, with the Nasdaq 100 falling 2.5%, indicates a broad-based sell-off in the market. The Dow Jones Industrial Average also fell 1.9% during this period, reflecting a broader market downturn. The recent decline in the S&P 500 and Nasdaq 100 can be attributed to several factors, including concerns over tariff increases and their potential impact on inflation and economic growth. The S&P 500's decline to 2.1% as of 10:22 a.m. New York time, with the Nasdaq 100 falling 2.5%, indicates a broad-based sell-off in the market. The Dow Jones Industrial Average also fell 1.9% during this period, reflecting a broader market downturn.
