US Stocks Enter Bear Market Territory as Tariff Concerns Weigh on Wall Street
- The S&P 500 has dropped 20% from its peak, entering bear market territory due to Donald Trump's tariff regime impacting global markets and causing significant losses on Wall Street.
- Fifty nations, including Vietnam and India, are pleading for talks to address the economic threats posed by Trump's tariffs, which could cost $1,900 per household.
- In a recent state election, Susan Crawford won 55% of the vote against Trump's endorsed candidate, which marks a significant shift in public sentiment against Elon Musk's influence in politics.
- The election results indicate a growing public backlash against Musk and could impact Republican strategies in the upcoming 2026 midterm elections.
422 Articles
422 Articles
Wall Street could be headed for a bear market.
NEW YORK — Wall Street could soon be in the claws of another bear market as the Trump administration’s tariff blitz fuels fears that the added taxes on imported goods from around the world will sink the global economy. READ: US stocks dip after careening through a manic day The last bear market happened in
'Doesn't make any sense': Expert says Trump official 'misunderstands' how markets work
President Donald Trump's Treasury Secretary Scott Bessent doesn't appear to understand the basics of how the stock market works, analyst Natasha Sarin told CNN's Boris Sanchez and Brianna Keilar on Monday afternoon.Trump's imposition of tariffs on goods purchased from virtually every country in the world has resulted in plunging stock prices both at home and abroad, leaving officials in the Trump administration scrambling to explain it away as "…
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