Stock market closed sharply lower on technology and discretionary stock declines, fears of recession.

From Nasdaq: 2025-03-14 09:19:00

Wall Street closed sharply lower on Thursday, with the S&P 500 entering correction mode due to tech and discretionary stock declines. The Dow Jones fell 1.3%, Nasdaq lost 2%, and S&P 500 declined 1.4%. Trump’s tariff threats continued to affect investor sentiment, with fears of recession and inflation rising.

The fear-gauge CBOE Volatility Index (VIX) increased by 1.8% to 24.66, with 15.11 billion shares traded. Trump’s tariff threats on European wine and spirits impacted investor mood. Warner Bros. Discovery, Inc. and Meta Platforms, Inc. saw declines. Economic data showed a decrease in initial claims and unchanged Producer Price Index in February.

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Read more at Nasdaq: Stock Market News For Mar 14, 2025