European Stocks Steady Amidst US Market Plunge
Following President Trump’s acknowledgment of an economic “transition period” and concerns about his tariffs, the US stock market experienced a significant downturn, with the S&P 500 falling nearly 3%. European markets, however, remained relatively stable, showing little immediate impact from the US sell-off. Analysts attributed the US decline to investor anxieties surrounding Trump’s policies and the potential for a recession, alongside concerns about overvalued tech stocks. Despite the initial market reaction, White House officials sought to downplay the severity of the situation, citing ongoing investment commitments.
John Q. Hosedrinker 
Matt Underwood