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Fortune

Stuart Dyos

Amid Trump’s latest tariff threats the S&P 500 tumbles into correction territory just three weeks after smashing record highs

Donald Trump United States Dow Jones Industrial Average Inflation

President Donald Trump answers reporters' questions hosting Irish Taoiseach Michael Martin at the White House (Credit: Chip Somodevilla—Getty Images)

The S&P 500 entered into a correction Thursday three weeks after hitting record highs following Trump’s 200% tariff threats to European wine and champagne. While inflation cooled in February, the news wasn’t enough to save the S&P from falling 10%.

The most popular index fell into a correction Thursday amid concerns regarding President Donald Trump's latest tariff threats, the most recent inflation data, and a materializing government shutdown.

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