New York CNN —
US stocks slid Thursday and the S&P 500 entered correction territory, down 10% from its record high in February, as President Donald Trump threatened new tariffs on the European Union.
The Dow slid by 630 points, or 1.53%. The S&P 500 fell 1.6% and the Nasdaq Composite was 2.2% lower.
If the S&P closes at 5,529.73 or below, it will be considered a market correction.
Trump on Thursday threatened to impose a 200% tariff on alcoholic beverages from the European Union after the bloc on Wednesday imposed a 50%
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