U.S. Stock Market Enters Correction as Indices Drop Over 10%

Investor concerns over economic uncertainty and trade policies drive major declines in the S&P 500, Nasdaq, and Dow Jones.

The S&P 500 has fallen 10% from its February 19 high, erasing $5 trillion in market value, while the Nasdaq dropped over 13% and the Dow Jones declined 9%.
A market correction is defined as a decline of 10% or more from a recent peak, often seen as a recalibration of overvalued prices.
This marks the first correction for the S&P 500 in over a year, with the current downturn lasting 22 days so far.
Uncertainty surrounding the Trump administration’s tariff policies has contributed to investor unease, with fears of inflation and potential economic slowdown.
Safe-haven assets like the Japanese yen and gold have surged as investors prepare for potential further market volatility.