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Stock market today: S&P 500 enters correction, Dow sinks 500 points amid Trump's latest tariff threats
US stocks fell on Thursday, with the S&P 500 (^GSPC) officially entering into correction territory, as economic concerns grew and investors digested the latest inflation data, President Trump's trade offensive,
In his own words: Trump takes credit for stock market rises but casts aside blame for sell-off
Over the last year, while President Joe Biden was in office, Trump took credit for stock market rallies as a vote of confidence in his electoral prospects. When the market dipped, he blamed Biden and Vice President Kamala Harris. And he predicted that if Democrats won the 2024 presidential election, the stock market would have crashed.
Follow all the latest U.S. market action for Thursday as stocks resume selloff and President Trump threatens more tariffs.
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Investors are digesting better-than-expected inflation data and bracing for the next move in Trump's escalating trade war.
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