Stock Market Bloodbath Continues

The stock market turmoil triggered by President Trump’s sweeping tariffs continued, with investors also reacting to China’s retaliatory measures, Forbes' Danielle Chemtob reported.

Tariff backlash is spreading through Washington, with White House advisors facing increasing scrutiny.

The Dow Jones Industrial Average dropped 5.5%, while the S&P 500 and tech-heavy Nasdaq each fell about 6%.

All three major indexes are now in correction territory, and the Nasdaq has officially entered a bear market—trading more than 20% below its all-time high reached in December.

Tariff backlash is spreading through Washington, with White House advisors facing increasing scrutiny. Meanwhile, GOP Rep. Don Bacon announced plans to introduce a bill Monday that would require congressional approval before the White House can impose new tariffs.