#MarketPullback

The U.S. stock market experienced a notable pullback today, ending a nine-day winning streak. The Dow Jones Industrial Average declined by over 200 points (0.5%), the S&P 500 fell 0.9%, and the Nasdaq Composite dropped 1%. This downturn was influenced by President Trump's announcement of new tariffs, including a 100% levy on foreign-produced films, which impacted tech and media stocks. Additionally, OPEC+'s decision to increase oil production by 411,000 barrels per day led to a 2% drop in U.S. crude oil prices, reaching a four-year low. Despite these challenges, long-term investors are advised to maintain a diversified portfolio and focus on quality companies, as market pullbacks can present buying opportunities.