Stock market today: Nasdaq enters correction, S&P 500 sinks to lowest since November as stocks get clobbered [View all]

Source: Yahoo! Finance

Stock market today: Nasdaq enters correction, S&P 500 sinks to lowest since November as stocks get clobbered on Trump tariff whiplash

Karen Friar , Ines Ferré and Josh Schafer
Updated Thu, March 6, 2025 at 4:35 PM EST 1 min read

US stocks tanked to session lows on Thursday after more tariff whiplash from the Trump administration.

The Dow Jones Industrial Average (^DJI) fell 1%, or over 400 points, while the S&P 500 (^GSPC) dropped nearly 2%. The tech-heavy Nasdaq Composite (^IXIC) plummeted more than 2.6%. The Nasdaq is now more than 10% off its December record high and officially entered into correction territory.

Trade-war uncertainty has persisted as investors weighed how far President Donald Trump would be willing to negotiate on tariffs. On Thursday, Trump said he would pause tariffs on some Mexican goods, and the White House later said the delay also includes goods from Canada.

The moves Thursday came a day after the Trump administration announced a one-month pause on Mexico and Canada duties for automakers.

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