Reported 10 days ago
The S&P 500 is on the verge of entering bear market territory, having fallen 19% from its peak, while the Nasdaq-100 has officially entered a bear market with a 21.5% decline. This decline is attributed to political factors, specifically President Trump's tariffs, differing from past downturns driven by economic issues. Investors are cautiously hopeful for a recovery, dependent on political developments.
Source: YAHOO