More than 150 years of back-tested data paints a clear picture of what may come next for Wall Street's major stock indexes.

The S&P 500 has now entered correction territory after a 1.4% drop overnight. The index is now down 10.1% from its peak, just a month after hitting a record closing high on February 19.

US stock market volatility surged as US-Canada trade tensions rattled investors. The Dow Jones dipped 0.3%, while the S&P 500 fell 0.3%, reversing earlier gains. Despite a 3.1% rise in core CPI, marking its lowest increase since April 2021,

NEW YORK (AP) — Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the S&P 500 more than 10% below its record, which was set just last month.

The Dow Jones Industrial Average, S&P 500, and Nasdaq all fell more than 1% as President Trump escalated tariff threats.

Uncertainty over President Donald Trump’s tariffs rattled Wall Street on Thursday, sending the Dow Jones Industrial Average tumbling by more than 400 points, or 1%.