S&P 500 Hits Lowest Close in Almost A Year As Hopes Wane for Tariff Concessions

2025-04-08T203634Z_1095552137_RC2WTDAXJVJU_RTRMADP_3_USA-STOCKS
The S&P 500 sold off sharply on Tuesday to close below 5,000 points for the first time in almost a year after it reversed a strong morning rally, while investor hopes faded for any imminent U.S. delays or concessions on tariffs ahead of a midnight deadline.

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