Market correction driven by falling valuations, not earnings, worst may be over
From Nasdaq: 2025-03-25 15:31:00
In Q1, Mag 7 led selloff as Large Caps, Mid Caps, and Small Caps fell into correction. Reciprocal tariffs planned for April 2 will be more targeted. Consumer Expectations hit a 12-year low due to worries about tariffs and stock market. Mag 7 hit hardest with a 15% decline. Earnings are up since market peak, selloff driven by falling valuations. US stocks were priced for perfection prior to selloff. Analysts suggest worst of selloff may be over, with market correcting for slower growth and uncertainty. Nasdaq-100 and S&P 500 up from mid-March lows.
Read more at Nasdaq: Falling Valuations, Not Earnings, Driving Market Correction