Learn More » However, nothing has captured the attention of investors quite like President Donald Trump's return to the White House. Trump's focus on lowering the corporate income tax rate and deregulating complex industries boded well for stocks during his first term.

For the better part of the last 2.5 years, optimists have ruled the roost on Wall Street, with all three major stock indexes -- the Dow Jones Industrial Average ( ^DJI 0.52%), S&P 500 ( ^GSPC 0.55%), and Nasdaq Composite ( ^IXIC 0.70%) -- climbing to fresh record-closing highs.

A double-digit percentage decline in Wall Street's highest-flying stock index spells opportunity for value-oriented investors.

Through no fault of his own -- we'd be having this same discussion if Kamala Harris was victorious in November -- President Donald Trump may oversee a valuation-driven 40% plunge in stocks. While the prospect of a bear market decline or stock market crash may not sit well with investors, perspective can change everything on Wall Street.

The Trump administration seems to be doubling down on tariffs, even as it acknowledges — and dismisses — the repercussions of such levies.

The Nasdaq Composite is on pace to close in correction territory on Tuesday. The tech-heavy index was down 1.2% to 18,130.75. It traded as low as 18,125.54. Any close below 18,156.50 would replace a 10% drawdown from its latest high,

Wall Street’s sell-off kicked back into gear after tariff whiplash and falling AI stocks dragged the market lower.

The Trump administration seems to be doubling down on tariffs, even as it acknowledges — and dismisses — the repercussions of such levies.