Market Turmoil: S&P 500 Correction in Focus
The S&P 500 has plunged into correction
territory, shaken by “Trumpeconomics” driven fears
- tariffs, austerity, and recession talks are
back. Bearish sentiment is at its highest since
2022, with GDP forecasts signaling contraction.
Meanwhile,
technicals suggest the market is oversold, with
the S&P 500 slipping below its 200-day moving
average—an event seen only twice since the bull
market began in 2022. Is more downside
ahead?
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