Trump administration calls stock market correction 'healthy.'

The Trump administration describes the recent stock market correction as "healthy." U.S. Treasury Secretary Scott Bessent stated he is not concerned about the market despite recent declines. The S&P 500 has experienced four consecutive weeks of losses, its longest losing streak since August. The Dow Jones Industrial Average also faced its worst week since March 2023. Investors are worried that ongoing White House tariffs could lead to a trade war and recession, potentially pushing U.S. stocks into a bear market.