#BTCvsMarkets
Stock Market
S&P 500 Decline: The index recently dropped sharply, losing about 6%. This drop is largely due to escalating trade tensions between the U.S. and China. The U.S. implemented new tariffs, and China retaliated with its own, triggering a wave of investor concern.
Market Impact:
Over the span of two days, the S&P 500 and Nasdaq experienced losses of 10.5% and nearly 6%, respectively. The sentiment is risk-off, with many investors pulling out of equities amid geopolitical uncertainty.