March 26th, 2018 – Stocks Drop as Tariffs Rise
Markets experienced significant declines last week. The S&P 500 lost 5.95%, the Dow dropped 5.66%, and the NASDAQ declined 6.54%.[1] With these losses, all 3 domestic indexes had their worst weekly performance in more than 2 years.[2] International stocks also declined, with the MSCI EAFE giving back 2.64%.[3] What caused markets to stumble in this way? While…