Overview

• The Nasdaq has officially entered a bear market, with a decline exceeding 20% from its December 16 peak.
• The S&P 500 and Dow Jones Industrial Average have fallen 17% and 15% respectively, nearing the 20% threshold for bear market classification.
• Market volatility has intensified following the implementation of President Trump's tariffs on April 3, with fluctuations driven by fears of prolonged economic challenges.
• Comparisons to historic market crashes, including 1929, 1987, and the 2008 financial crisis, highlight the severity of the current downturn but note it has not reached those historic lows.
• Economic uncertainty fueled by tariffs has raised concerns of inflation, recession, and delayed business investments, further unsettling investors.