Reported 2 days ago
On March 7, 2025, Wall Street experienced significant declines, primarily driven by sharp losses in technology and discretionary stocks. The Nasdaq Composite officially entered a correction phase, down over 10% from its December high, as traders reacted to President Trump's unpredictable trade policies. Despite a temporary reprieve due to a delay in tariffs on vehicles from Canada and Mexico, market concerns over inflation and economic growth continue to loom, with major tech companies like Tesla and NVIDIA seeing steep drops in their stock prices.
Source: YAHOO