The S&P 500 suffered a major blow on Thursday, dropping 4.02% in the wake of President Trump’s declaration of fresh tariffs. This sharp downturn is now among the index’s most substantial declines in recent times. Indeed, during the still-young 2020s, no fewer than five days have marked worse performances than this one. The most significant of these bad days include: – March 16, 2020: -11.98% – March 12, 2020: -9.51% – March 9, 2020: -7.60% – June 11, 2020: -5.89% – September 13, 2022: -4.32% After investors processed the announcement of new tariffs, worries about international trade and global economic
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