💨 Abstract

The S&P 500 has dropped over 16% due to concerns over President Trump's tariffs, causing a significant downturn on Wall Street. The tariffs announced on "Liberation Day" have increased uncertainty in the economy, making it difficult for companies and individuals to invest and make long-term plans. Historically, stock market declines are a necessary part of the investment process, as they allow for potential higher returns over time.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖