All three of the US market averages (^DJI, ^IXIC, ^GSPC) are back in the red at Thursday's market close, the Nasdaq leading losses as it dropped 1.96%. Market Domination Overtime host Julie Hyman and Yahoo Finance markets and data editor Jared Blikre monitor the day's market and sector action amid the latest tariff headlines out of the Trump administration and a looming government shutdown. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
The S&P 500 closed in correction territory on Thursday after the latest tariff headlines overshadowed another soft inflation reading. The Nasdaq Composite, which entered a correction last week, fell 2%. The Dow dropped 537 points, or 1.3%.
Meta Platforms (NASDAQ: META) stock is getting hit with substantial sell-offs in Thursday's trading. At the same point in the day's trading, the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) were down 1.2% and 1.7%, respectively. Meta's stock had been off as much as 5.3% earlier in the day.
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