Market Unease Deepens Amid Trade War Fears The U.S. stock market faced sharp declines as trade tensions escalated, with the Dow losing over 1,300 points in two days. Financial stocks were among the hardest hit, experiencing their worst performance since 2023. Meanwhile, the S&P 500 Consumer Staples sector showed resilience, buoyed by gains in companies like Walgreens and PepsiCo.12