Stocks Dive Even Further On Tariffs—Nasdaq Enters Bear Market, Dow's 2-Day Loss Extends To 2,700 Points
1. S&P 500 fell 5% in response to Trump's tariffs. 2. China imposed a 34% retaliatory tariff on U.S. imports. 3. Major indexes are in correction territory, down 10% from records. 4. Recession odds rise to 60%, impacting economic outlook. 5. Investor sentiment worsens, with stocks at multi-month lows.