Reported about 4 hours ago
Major U.S. stock indexes faced a significant decline as worries over President Trump's tariff policies and Marvell Technology's revenue forecast rattled investors. The Nasdaq Composite confirmed a correction, dropping 10.4% from its record high. Analysts attributed the selloff to uncertainty regarding tariffs and their potential inflationary impact, leading to a risk-off sentiment in the market. Concerns about slowing U.S. growth further compounded fears, causing many investors to reassess their positions.
Source: YAHOO