Stock market tumbles after uncommon event

Here's what could happen to the stock market next.

May 21, 2025 - 22:20
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Stock market tumbles after uncommon event

The stock market has rallied sharply since President Donald Trump paused most reciprocal tariffs on April 9. The S&P 500 has gained nearly 20% over the period, which includes an impressive stretch of nine consecutive up days. The technology-heavy Nasdaq Composite has done even better, returning 24% since its early April lows.

The stock market's reaction to President Trump's tariff pause took many by surprise.