The group of dominant stocks known as the “Magnificent Seven” has been at the center of the U.S. stock market’s recent sell-off, which earlier this month took the S&P 500 10% below its all-time high for its first “correction” since 2023.

Wall Street is slipping Thursday as President Donald Trump’s latest tariff escalation creates winners and losers among auto stocks. The S&P 500 was 0.4% lower in afternoon trading. The Dow Jones Industrial Average was down 208 points,

U.S. stock indexes are falling following President Donald Trump’s latest tariff escalation. The S&P 500 was down 0.5% in early trading Thursday. The Dow Jones Industrial Average was down 190