Wall Street's sell-off spirals, briefly sending US stock market 10% below its record https://www.taxtmi.com/news?id=37037 Presidential escalation of tariffs on imported steel and aluminum intensified trade policy uncertainty and triggered a swift equity market correction, producing heightened intraday volatility and sector specific impacts. The announcement prompted downgraded corporate revenue guidance-particularly among airlines-mixed reactions among large technology firms, and modest adjustments in bond yields, with analysts warning that concentrated gains in a few tech names had masked broader market vulnerability and that renewed trade risk could sustain near term downside pressure. en-us Wed, 12 Mar 2025 00:46:03 +0530 Wed, 12 Mar 2025 00:46:03 +0530 TaxTMI RSS Generator Wall Street's sell-off spirals, briefly sending US stock market 10% below its record https://www.taxtmi.com/news?id=37037 Presidential escalation of tariffs on imported steel and aluminum intensified trade policy uncertainty and triggered a swift equity market correction, producing heightened intraday volatility and sector specific impacts. The announcement prompted downgraded corporate revenue guidance-particularly among airlines-mixed reactions among large technology firms, and modest adjustments in bond yields, with analysts warning that concentrated gains in a few tech names had masked broader market vulnerability and that renewed trade risk could sustain near term downside pressure. News - Wed, 12 Mar 2025 00:46:03 +0530 https://www.taxtmi.com/news?id=37037