Uncertainty has been the theme in recent weeks, with markets whipsawing back-and-forth every time President Donald Trump announces — or delays — a new round of tariffs. Markets have been rattled as investors and economists try to determine how much pain Trump will let the economy endure through tariffs and other policies.

A 10% drop is a big enough deal that professional investors have a name for it — a “correction” — and the S&P 500’s 1.4% slide on Thursday sent the index to its first si

Not even a double-shot of good news on the U.S. economy seems to be enough to stop Wall Street’s bleeding. Stocks fell Thursday after President Donald Trump upped the stakes in his trade war by threatening huge taxes on European wines and alcohol.

The S&P 500 was down 1.2% in afternoon trading, caught in a dizzying, battering stretch that's driven the index roughly 10% below its record, which was set just a few weeks ago. Wall Street calls such steep drops a "correction,