Market Turmoil: S&P 500 Correction in Focus
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The S&P 500 has plunged into correction territory, shaken by “Trumpeconomics” driven fears - tariffs, austerity, and recession talks are back. Bearish sentiment is at its highest since 2022, with GDP forecasts signaling contraction.
Meanwhile, technicals suggest the market is oversold, with the S&P 500 slipping below its 200-day moving average—an event seen only twice since the bull market began in 2022. Is more downside ahead?
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