The US stock market, fresh off its third-best day in modern history, is sinking back into reality: Although President Donald Trump paused most of his “reciprocal” tariffs, his other massive import taxes have already inflicted significant damage,

Major market sell-offs typically occur about once every five to 10 years, according to a study, but they come at various times for various reasons.

The stock market crash of October 1929 signaled the end of the "Roaring Twenties" and the beginning of the Great Depression. This was the second day of the big drop, known as "Black Tuesday," which began one day earlier and occupies the next spot on this list. 3.) Oct. 28, 1929 (-38.33, -12.82%)

Shares in the US stock market fall a day after some of its best trading hours on record.

(Reuters) -Chinese tea chain Chagee said on Thursday it was targeting a valuation of up to $5.1 billion in its New York initial public offering, braving choppy market conditions. Market volatility stemming from uncertainty over U.

"We must reset our trade relationships with the rest of the world, we also must narrow our fiscal deficit," Bass said on Thursday.

President Trump has given China a Tuesday deadline to remove its retaliatory tariffs or face an additional 50% levy.

According to FactSet and Dow Jones Market Data, the U.S. stock market has seen almost $10 trillion in value erased since Trump took office in January. Of those losses, more than $5 trillion was lost April 3 and 4 — the largest two-day loss on record.