NEW YORK — Stock market losses have intensified following an escalation in trade tensions led by the Trump administration, causing the S&P 500 index to fall significantly.
This downturn brings the index down by 10% from its peak achieved last month.
As trade disagreements continue to stir economic uncertainty, market volatility has increased, leading investors to reassess risks and shift their portfolios.
This development marks a significant change from the previous month’s record highs and highlights the sensitivity of global markets to political decisions affecting international trade.
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