S&P 500 flirts with correction territory as Trump’s trade war escalates. Here’s what history says could happen next.

view original post

Another day, another tariff-driven selloff on Wall Street. The large-cap S&P 500 index was falling 1% to trade at 5,542.16 as of 2:58 p.m. Eastern time on Thursday. A correction for the S&P 500, typically defined as a 10% decline from its recent peak,