The Stock Market Crashed When President Trump Announced Tariffs. History Is Crystal Clear About What Happens Next.
The S&P 500 (SNPINDEX: ^GSPC) crashed when President Donald Trump announced a surprisingly severe slate of tariffs on April 2, a date he dubbed "Liberation Day." Five trading days later, the index had declined 19% from its high as economists raised their recession-probability forecasts and investors sold U.S. stocks at a historic pace.While the near-term outlook is mixed, history is crystal clear about what will happen in the long run. Here's what investors should know.The S&P 500 is widely regarded as the best benchmark for the U.S. stock market. Since its inception in 1957, the index has suffered 32 corrections, meaning it has declined at least 10% from its record high 32 times. But recoveries have historically been swift.Continue reading
The S&P 500 (SNPINDEX: ^GSPC) crashed when President Donald Trump announced a surprisingly severe slate of tariffs on April 2, a date he dubbed "Liberation Day." Five trading days later, the index had declined 19% from its high as economists raised their recession-probability forecasts and investors sold U.S. stocks at a historic pace.
While the near-term outlook is mixed, history is crystal clear about what will happen in the long run. Here's what investors should know.
The S&P 500 is widely regarded as the best benchmark for the U.S. stock market. Since its inception in 1957, the index has suffered 32 corrections, meaning it has declined at least 10% from its record high 32 times. But recoveries have historically been swift.
