Stocks fell on Thursday, with equities unable to shake a three-week market rout under the weight of new tariff threats from President Donald Trump.
The S&P 500 dropped about 1.4%, bringing its losses from its record close in February to 10%. If the benchmark closes at these levels, it will be an official market correction, according to Wall Street. The Dow Jones Industrial Average fell 590 points, or 1.4%, its fourth day of declines putting it below the 41,000 level. The Nasdaq Composite shed 1.9% with shares like Tesla and Apple lower.
