Dow sinks 650 points, S&P 500 wipes out post-election gains as Trump trade war intensifies

The US markets have eliminated all their post-election interests, as the shares are deepening with fresh tariffs for Canada, Mexico and China, which are now officially entered into force.

S & P 500 (^ GSPC) has deleted by about 3.3 trillion market caps After the post on February 19, after the closure of 6,144.15. At that time, the post-level interests of the benchmark were only 6%.

Since the start of 2025, the S & P 500 has decreased by about 2% during NASDAQ Composite (:^ ICal) Is it almost 6% and is currently flirting through the correction area to close 10% off its record? Blue Chip Dow (:^ Dji) Trade is almost barely in the green.

Only a few months ago, the shares were sold with consistent posts, such as Donald Trump’s presidential victory in Fuel Wall Street Street Euphoria on the hopes of business business policy and lower taxes.

Flash ahead today, and that euphoria has all, but it has evaporated because Trump tariffs causes great growth, as inflation remains persistently raised.

“Many of the main and immediate consequences of the US elections in November last year have been suspended that they have been partially countered, as Jonas Goltyman, the Deputy Chief Market Economist in the capital’s chief markets last week.

“Since then, US treasury has been back, the curve of the 2nds settled, the US shares are fighting both at absolute conditions and the dollar has come back,” he said. “In other words, the” Trump Trading Trading “narrative is blowing.”