US Stocks Rout Escalates as S&P Heads For Worst Week Since Covid

Bloomberg News

Summary

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Individual investors poured into the U.S. stock market on Thursday, even with institutional counterparts dumping holdings as President Donald Trump's tariff rollout rocked markets.
CNBC
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US stocks plunged Thursday as traders reacted to Donald Trump's sweeping tariff announcement a day earlier, with the broad-based S&P 500 recording its biggest one-day decline since 2020.
The Korea Times
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The S&P 500 index, which regroups the 500 largest US companies, saw $2.5 trillion in value zapped on Thursday as it sank 4.8 percent in its worst daily loss since the Covid pandemic.
International Business Times AU
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The Nasdaq Composite was headed toward a bear market, while the pan-European STOXX 600 index confirmed it was in a correction as the trade war fanned global recession concerns.
Hindustan Times

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