US stocks fall, adding to biggest selloff in months

Quick Summary:

US stocks fell on Tuesday, adding to the biggest selloff in months, as investors worried about the impact of the latest tariff threats on the global economy.

Weakness in the airlines helped send the Dow transportation index down 3.1%.Oracle lost 3.1% after the cloud company missed quarterly revenue estimates.

On Monday, the S&P 500 recorded its most significant one-day drop since December 18, wiping out just over US$1.3 trillion in market value, and a staggering US$4 trillion from its recent peak.

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Category: EconomyBusiness

Markets: MalaysiaCanadaChinaMexicoSaudi ArabiaUkraine

Topics: InvestorSentiment MarketCorrection TradeWars /Business/ TariffImpact WallStreet EconomicSlowdown Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 06:03:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 781 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © The Star

News ID: 26905702

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