Overview

• The S&P 500 has fallen over 16% since its February 19 peak, marking its worst performance since the COVID-19 pandemic in 2020.
• Recent tariff announcements by President Trump, introduced on 'Liberation Day,' are seen as the primary driver of the market downturn and investor unease.
• The Dow Jones Industrial Average has dropped more than 2,200 points, while the Nasdaq 100 has entered a bear market, further highlighting the widespread impact.
• Financial experts urge investors to avoid panic selling, focus on portfolio diversification, and maintain cash reserves to navigate the prolonged uncertainty.
• Older investors and retirees are advised to prioritize stability by shifting to safer investments and reducing spending due to the uncertain recovery timeline.