The S&P 500 Is Falling Over Concerns About President Trump's Tariffs. History Says the Stock Market Will Do This Next.
The S&P 500 (SNPINDEX: ^GSPC) closed at a record high of 6,144 on Feb. 19. But the benchmark index has since declined more than 5%. Concerns about how trade policy will impact the already shaky U.S. economy have factored heavily into that rapid drawdown.President Donald Trump's tariffs on Canada and Mexico took effect this morning, with a new levy on China added to the one that took effect in February. Trump has also threatened to impose tariffs on the European Union. Importantly, every country impacted has either retaliated or plans to retaliate with their own tariffs, touching off a trade war.History offers two conflicting opinions about what happens next in the stock market. Here's what investors should know.Continue reading
The S&P 500 (SNPINDEX: ^GSPC) closed at a record high of 6,144 on Feb. 19. But the benchmark index has since declined more than 5%. Concerns about how trade policy will impact the already shaky U.S. economy have factored heavily into that rapid drawdown.
President Donald Trump's tariffs on Canada and Mexico took effect this morning, with a new levy on China added to the one that took effect in February. Trump has also threatened to impose tariffs on the European Union. Importantly, every country impacted has either retaliated or plans to retaliate with their own tariffs, touching off a trade war.
History offers two conflicting opinions about what happens next in the stock market. Here's what investors should know.
