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US Stock Market Stay: S&P 500 come undergo market, Nasdaq falls into one; Invoice Nasty says knife but to hit bottom

HouseMarket KnowledgeUS Stock Market Highlights: Jaguar Land Rover to pause vehicle shipments to US after Trump’s tariffs

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By CNBCTV18.COM Apr 6, 2025 11:38 PM IST (Updated)

US Stock Market Highlights: US President Donald Trump’s reciprocal tariff announcements enjoy induced a huge sell-off across Wall Aspect motorway, with the Dow Jones plunging over 2,000 ingredients, the S&P 500 witnessing its worst two-day sell-off since March 2020 and the Nasdaq has entered undergo market territory.

US Stock Market Highlights: Jaguar Land Rover to pause vehicle shipments to US after Trump's tariffs

US Stock Market Highlights:  US President Donald Trump’s reciprocal tariff announcements enjoy induced a huge sell-off across Wall Aspect motorway, with the Dow Jones plunging over 2,000 ingredients, the S&P 500 witnessing its worst two-day sell-off since March 2020 and the Nasdaq has entered undergo market territory.

The 2-day meltdown has resulted in the loss of over $5 trillion in market cost, with the S&P 500 declining 10% in barely two days. With Friday night time’s sell-off, the Dow Jones is now unbiased 700 ingredients a ways flung from its 52-week low.

Treasury 10-yr yields slid three basis ingredients to about a.99%. The buck rose 1%.

Megacaps plunged, with Nvidia Corp. and Tesla Inc. slumping over 7%. US-listed Chinese language shares love Alibaba Community Preserving Ltd. and Baidu Inc. also tumbled. A gauge of enormous banks hit the bottom since Aug. 7. The Cboe Volatility Index jumped to the excellent since April 2020.

Historically, the S&P 500’s trailing imprint-to-earnings ratio slides to an average of 15.6 all the strategy via routs that precede financial downturns, in line with data compiled by Sam Stovall at overview agency CFRA. It’s presently around 22 despite the fresh selloff.

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