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aria-busy=\"false\" aria-live=\"polite\"><svg width=\"12\" height=\"18\" viewBox=\"0 0 12 18\" class=\"css-eap6fy\"><g fill-rule=\"nonzero\"><path class=\"saved-fill\" d=\"M1.157 1.268v14.288l4.96-3.813 4.753 3.843V1.268z\"><\/path><path class=\"saved-stroke\" d=\"m12 18-5.9-4.756L0 17.98V1.014C0 .745.095.487.265.297.435.107.664 0 .904 0h10.192c.24 0 .47.107.64.297.169.19.264.448.264.717V18ZM1.157 1.268v14.288l4.96-3.813 4.753 3.843V1.268H1.158Z\"><\/path><\/g><\/svg><\/button><\/li><\/ul><\/div><\/div><\/div><section data-testid=\"inline-interactive\" id=\"markets-embed-sp\" data-id=\"100000008938528\" data-source-id=\"100000008938528\" class=\"interactive-content interactive-size-scoop css-174j8de\"><header id=\"interactive-header\" class=\"css-obecq5 interactive-header\"><h2 id=\"interactive-headline\" class=\"css-4hk76s interactive-headline\">S&amp;P 500<\/h2><\/header><div class=\"css-17ih8de interactive-body\" slug=\"markets-embed-sp\" data-sourceid=\"100000008938528\" id=\"embed-id-100000008938528\">\n      <script>window.registerInteractive && window.registerInteractive(\"100000008938528\");<\/script>\n    <!-- birdkit: do not modify this file -->\n<head>\n\t\n\t\t<link href=\"https:\/\/static01.nytimes.com\/newsgraphics\/2023-markets\/43851a91-eb57-4876-8b2a-3e9c168e1b5f\/_assets\/_app\/immutable\/assets\/3.383109dc.css\" rel=\"stylesheet\">\n\t\t<link rel=\"modulepreload\" href=\"https:\/\/static01.nytimes.com\/newsgraphics\/2023-markets\/43851a91-eb57-4876-8b2a-3e9c168e1b5f\/_assets\/_app\/immutable\/entry\/start.523bd4dd.js\">\n\t\t<link rel=\"modulepreload\" href=\"https:\/\/static01.nytimes.com\/newsgraphics\/2023-markets\/43851a91-eb57-4876-8b2a-3e9c168e1b5f\/_assets\/_app\/immutable\/chunks\/scheduler.9eb0eb5b.js\">\n\t\t<link rel=\"modulepreload\" href=\"https:\/\/static01.nytimes.com\/newsgraphics\/2023-markets\/43851a91-eb57-4876-8b2a-3e9c168e1b5f\/_assets\/_app\/immutable\/chunks\/singletons.8a470b41.js\">\n\t\t<link 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href=\"https:\/\/static01.nytimes.com\/newsgraphics\/2023-markets\/43851a91-eb57-4876-8b2a-3e9c168e1b5f\/_assets\/_app\/immutable\/chunks\/each.5f3fc657.js\">\n<\/head>\n\n\n\t\t<div\n\t\t\tid=\"g-2023-markets\"\n\t\t\tclass=\"birdkit-body g-2023-markets\"\n\t\t\tdata-preview-slug=\"2023-markets\"\n\t\t\tdata-birdkit-hydrate=\"24548e7e061c32ca\"\n\t\t>\t\n\t\t\t\n\t<div style=\"display: contents\">  <section class=\" svelte-5uwg6w\"><div class=\"svelte-vj6j2i\"> <section class=\"svelte-xz2iin\" style=\"height: 300px;\"><div class=\"svelte-xz2iin\" style=\"width: calc(100% - var(--font-size) * 4);\"><section class=\"axis-x svelte-38ikvq\"><div class=\"svelte-38ikvq\" style=\"left: -0.43%;\"><\/div> <span class=\"svelte-38ikvq\" style=\"left: -0.43%;\">Feb. 28 <\/span><div class=\"svelte-38ikvq\" style=\"left: 33.05%;\"><\/div> <span class=\"svelte-38ikvq\" style=\"left: 33.05%;\">March 3 <\/span><div class=\"svelte-38ikvq\" style=\"left: 66.52%;\"><\/div> <span class=\"svelte-38ikvq\" style=\"left: 66.52%;\">March 4 <\/span> <\/section><\/div> <div class=\"svelte-xz2iin\" style=\"height: calc(100% - var(--font-size) - 15px);\"><section class=\"axis-y svelte-egwz0c\"><div class=\"svelte-egwz0c\" style=\"top: 95.83%;\"><\/div> <span class=\"svelte-egwz0c\" style=\"top: 95.83%; transform: translateY(-100%);\">5,750 <\/span><div class=\"svelte-egwz0c\" style=\"top: 75%;\"><\/div> <span class=\"svelte-egwz0c\" style=\"top: 75%; transform: translateY(-100%);\">5,800 <\/span><div class=\"svelte-egwz0c\" style=\"top: 54.17%;\"><\/div> <span class=\"svelte-egwz0c\" style=\"top: 54.17%; transform: translateY(-100%);\">5,850 <\/span><div class=\"svelte-egwz0c\" style=\"top: 33.33%;\"><\/div> <span class=\"svelte-egwz0c\" style=\"top: 33.33%; transform: translateY(-100%);\">5,900 <\/span><div class=\"svelte-egwz0c\" style=\"top: 12.5%;\"><\/div> <span class=\"svelte-egwz0c\" style=\"top: 12.5%; transform: translateY(-100%);\">5,950 <\/span> <\/section><\/div> <div class=\"svelte-xz2iin\" style=\"width: calc(100% - var(--font-size) * 4); height: calc(100% - var(--font-size) - 15px);\"><svg viewBox=\"0 0 100 100\" preserveAspectRatio=\"none\" class=\"svelte-rypjzp\"><path 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interactive-notes\">Data delayed at least 15 minutes<\/p><p data-testid=\"source\" id=\"interactive-source\" class=\"css-cudxsp interactive-source\">Source: FactSet<\/p><p data-testid=\"credit\" id=\"interactive-credit\" class=\"css-cudxsp interactive-credit\">By The New York Times<\/p><\/footer><\/section><div class=\"css-12em5ns\"><div class=\"byline-container css-1u5onbp epjyd6m2\"><div class=\"css-165eim7 ey68jwv0\" aria-hidden=\"true\"><a href=\"https:\/\/www.nytimes.com\/by\/joe-rennison\" class=\"css-uwwqev\"><img alt=\"Joe Rennison\" title=\"Joe Rennison\" src=\"https:\/\/static01.nyt.com\/images\/2022\/09\/21\/reader-center\/author-joe-rennison\/author-joe-rennison-thumbLarge.png\" class=\"css-dc6zx6 ey68jwv2\"\/><\/a><\/div><div class=\"css-233int epjyd6m1\"><p class=\"css-4anu6l e1jsehar1\"><span class=\"byline-prefix\">By <\/span><a href=\"https:\/\/www.nytimes.com\/by\/joe-rennison\" class=\"last-byline css-ojhyzr e1jsehar0\" itemProp=\"name\">Joe Rennison<\/a><\/p><div class=\"css-gqryk5 epjyd6m0\"><\/div><\/div><\/div><ul class=\"css-1cgskve epjyd6m4\"><li class=\"css-ccw2r3 epjyd6m3\"><time dateTime=\"2025-03-06T16:53:58-05:00\" class=\"css-1gu861y e16638kd2\"><span class=\"css-1sbuyqj e16638kd3\">March 6, 2025<\/span><span class=\"css-233int e16638kd4\">Updated <span class=\"css-epvm6\">4:53 p.m. ET<\/span><\/span><\/time><\/li><\/ul><\/div><div class=\"css-j3uhc5\"><\/div><\/div><section name=\"articleBody\" class=\"meteredContent css-1r7ky0e\"><div class=\"css-s99gbd StoryBodyCompanionColumn\" data-testid=\"companionColumn-0\"><div class=\"css-53u6y8\"><p class=\"css-at9mc1 evys1bk0\">Stocks tumbled on Thursday, adding to a string of recent losses, even after the Trump administration offered a reprieve on tariffs on Canada and Mexico.<\/p><p class=\"css-at9mc1 evys1bk0\">The S&amp;P 500 dropped 1.8 percent, taking the slide for the index this week to 3.6 percent and putting it on course for its worst week since a banking crisis two years ago that felled some of the country\u2019s small lenders.<\/p><p class=\"css-at9mc1 evys1bk0\">Mr. Trump had imposed tariffs of 25 percent on imports from Mexico and Canada on Tuesday. He also raised tariffs on imports from China. Investors are concerned that the tariffs \u2014 and retaliation from the other countries \u2014 will fuel inflation, slow economic growth and hurt American businesses.<\/p><p class=\"css-at9mc1 evys1bk0\">After sliding 3 percent over Monday and Tuesday, the S&amp;P 500 staged a small recovery on Wednesday as the big tech stocks that have driven the market in recent years bounced and investors grew hopeful for some reprieve on tariffs. But the administration\u2019s move to exempt auto manufacturing, along with products already part of a previous trade deal between the United States, Mexico and Canada, until April failed to settle investors\u2019 concerns about the impact on the economy.<\/p><\/div><aside class=\"css-ew4tgv\" aria-label=\"companion column\"><\/aside><\/div><div data-testid=\"Dropzone-1\"><\/div><div class=\"css-s99gbd StoryBodyCompanionColumn\" data-testid=\"companionColumn-1\"><div class=\"css-53u6y8\"><p class=\"css-at9mc1 evys1bk0\">The S&amp;P 500 is now almost 7 percent below a record set just over three weeks ago, which means it is close to falling into correction, defined as a sell-off of 10 percent or more from a recent peak. The tech-heavy Nasdaq Composite index and the Russell 2000, which tracks smaller companies that are typically more exposed to the economy, are both already in correction.<\/p><\/div><aside class=\"css-ew4tgv\" aria-label=\"companion column\"><\/aside><\/div><\/section><div class=\"bottom-of-article\"><div class=\"css-1i6tsou\"><div class=\"css-h77nca eqi4ubu0\"><div class=\"css-kzd6pg\"><p>Joe Rennison writes about financial markets, a beat that ranges from chronicling the vagaries of the stock market to explaining the often-inscrutable trading decisions of Wall Street insiders.<span class=css-kzd6pg> <a class=\"authorPageLinkClass overrideLinkStyles\" href=https:\/\/www.nytimes.com\/by\/joe-rennison>More about Joe Rennison<\/a><\/span><\/p><\/div><\/div><\/div><div class=\"css-b9twaf e9ne27s0\">See more on: <a href=\"https:\/\/www.nytimes.com\/spotlight\/donald-trump\">Donald Trump<\/a><\/div><div role=\"toolbar\" data-testid=\"share-tools\" aria-label=\"Social Media Share buttons, 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The Nasdaq fell into a correction on Thursday.\"}],\"textAlign\":\"LEFT\"},\"timestampBlock\":{\"__typename\":\"TimestampBlock\",\"align\":\"LEFT\",\"showUpdatedTimestamp\":null,\"timestamp\":\"2025-03-06T21:29:34.000Z\"}},{\"__typename\":\"ParagraphBlock\",\"content\":[{\"__typename\":\"TextInline\",\"formats\":[],\"text\":\"Stocks tumbled on Thursday, adding to a string of recent losses, even after the Trump administration offered a reprieve on tariffs on Canada and Mexico.\"}],\"textAlign\":\"LEFT\"},{\"__typename\":\"Dropzone\",\"adsDesktop\":false,\"adsDesktopHoldout\":false,\"adsHybrid\":false,\"adsMobile\":false,\"adsMobileHoldout\":false,\"bad\":false,\"index\":0},{\"__typename\":\"ParagraphBlock\",\"content\":[{\"__typename\":\"TextInline\",\"formats\":[],\"text\":\"The S&P 500 dropped 1.8 percent, taking the slide for the index this week to 3.6 percent and putting it on course for its worst week since a banking crisis two years ago that felled some of the country\u2019s small lenders.\"}],\"textAlign\":\"LEFT\"},{\"__typename\":\"Dropzone\",\"adsDesktop\":false,\"adsDesktopHoldout\":false,\"adsHybrid\":false,\"adsMobile\":false,\"adsMobileHoldout\":false,\"bad\":false,\"index\":1},{\"__typename\":\"ParagraphBlock\",\"content\":[{\"__typename\":\"TextInline\",\"formats\":[],\"text\":\"Mr. Trump had imposed tariffs of 25 percent on imports from Mexico and Canada on Tuesday. 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