Stock Market’s Engine Sputters in Latest Worrying Sign for Bulls
While the recent selloff doesn’t mean further pain is imminent, the souring mood on America’s equity market marks a stark turnaround from November 2023.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
With frothy corners of the US stock market under duress as investors grow concerned about the economy and the threat from inflation, Wall Street bulls are finding little solace in the one area that’s been unshakable for two years: megacap tech.
The seven behemoths that powered a 54% surge in US stocks over two years tumbled into a collective correction Tuesday, highlighting a fraught moment for American equities that have churned near records for most of 2025.