Stock market volatility raises concerns about economic slowdown
The stock market is experiencing increased volatility, with the S&P 500 down 10% from its February high. Major companies like Nvidia and Tesla have also seen significant declines, raising concerns about an economic slowdown. Investors are reacting to negative news, including earnings warnings from airlines and ongoing tariff issues. Defensive sectors like healthcare and consumer staples are outperforming, while confidence in buying dips is low. Market sentiment is shifting, with CEOs expressing concerns about future growth and recession fears becoming more prevalent. Price target cuts for major stocks are also emerging, indicating a cautious outlook among analysts.