Reported about 9 hours ago
Following Donald Trump's election, stock markets experienced a surge driven by optimism for pro-business policies; however, recent tariffs and inflation fears have caused a significant downturn. The S&P 500 and Nasdaq have erased their post-election gains amidst worsening economic data and a shift in investor sentiment, leading to concerns about future growth and potential interest rate cuts from the Federal Reserve. Key market sectors, particularly small-cap stocks and cryptocurrencies, are also facing declines as the administration prioritizes tariffs over promised economic policies.
Source: YAHOO