The S&P 500 index closed down 2.2% after experiencing a drop of as much as 3.3% earlier in the trading session, marking another volatile day on Wall Street. The magnitude of the decline positioned the performance among the index’s worst in recent years, apart from the record-setting swings that have characterized the markets in recent weeks.
The drop reflects ongoing investor uncertainty, driven by a combination of economic data releases, fluctuating interest rate expectations, and geopolitical factors. Recent market trends have shown heightened sensitivity to inflation developments and Federal Reserve policy decisions, contributing to the turbulence experienced across major indices.
While the S&P 500 remains above its year-to-date lows, analysts caution that continued instability may persist as investors navigate a complex economic environment.
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