Feb 26, 2025, 5:24 AM
Feb 22, 2025, 12:00 AM

Stock market declines as economic worries mount and Trump policies shift

Highlights
  • The U.S. stock market experienced a 1.7% decline on February 21, 2025, driven by economic concerns.
  • Caution surrounding retail sales, specifically from Walmart, has compounded market anxiety.
  • Overall, the market's retreat reflects ongoing uncertainty about economic growth and fiscal policy.
Story

On February 22, 2025, the stock market faced a significant downturn, with the S&P 500 index dropping by 1.7%. This decline was attributed to a variety of economic factors including cautious guidance from major retailers and disappointing retail sales figures for January. The market had previously shown resilience, marked by a period of 'immaculate rotation' among various sectors. However, the sudden sell-off indicated that investor sentiment was fragile amid growing concerns regarding economic growth and potential policy changes arising from the current administration.

Opinions

You've reached the end