Stock Market Slump: Dow Drops Over 500 Points, Nasdaq Falls As Trump Tariff Backlash Intensifies
1. S&P 500 is nearing a 10% correction from its recent high. 2. Dow and S&P 500 face major selloff, hitting 2025 lows. 3. Tariffs imposed by Trump prompt significant backlash from global allies. 4. Retaliatory tariffs could further impact U.S. stock market sentiment. 5. Tesla shares down 38% year-to-date amid market instability.