Wrapped Staked HEC USD Price & Performance (WSHECUSD)

The U.S. stock market has erased $4 trillion in value, with the S&P 500 and Nasdaq experiencing their steepest losses since 2022. New tariffs targeting key trading partners like Canada, Mexico, and China have heightened economic uncertainty, prompting fears of a recession and a shift in investor sentiment.123

Tech-heavy Nasdaq saw a 4% drop, its largest since 2022, driven by losses in Tesla and Nvidia. Broader market declines followed as President Trump's tariff policies rattled investors. Analysts warn that prolonged trade disputes could deepen economic risks, with the S&P 500 nearing correction territory.345

U.S. markets continued their downward trajectory as inflation data showed cooling prices but failed to ease recession fears. Consumer sentiment hit a 16-month low, reflecting growing unease over fiscal policies. The S&P 500 has now fallen 10% from its February peak, entering correction territory.657