The US stock market experienced a significant pullback on May 5, 2025, after a nine-session winning streak. The Dow Jones fell more than 200 points, while the S&P 500 and Nasdaq dropped by 0.9% and 1%, respectively. President Trump's announcement of a 100% tariff on foreign films affected stocks like Netflix and Disney. Additionally, Warren Buffett's resignation as CEO of Berkshire Hathaway led to a 6% decline in its Class A shares. Investors are also keeping an eye on the Federal Reserve's decisions on interest rates and upcoming earnings reports #MarketPullback
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.