Tech slump drags S&P 500 back into correction territory
Fears over Trump Amazon tweet and trade war
US stocks have suffered their worst Q2 start since the Great Depression in 1929, as fears about the tech sector following President Trump's fresh criticism of Amazon and an escalating global trade war spooked investors.
The benchmark S&P 500 index fell 2.2% on Monday, pushing shares more than 10% off their January highs and into correction territory. According to Bloomberg, this is the worst April start for the index...
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