Stock Market Extends Selloff Amid Trump Tariff Anxiety; Treasury Secretary Scott Bessent Calls Canadian Prime Minister Justin Trudeau A “Numbskull” For Raising Trade Concerns

Stocks in tech and a number of other sectors continued to decline Thursday, extending Wall Street's anxious reaction to President Trump's trade war.

March 6, 2025 · 1 min · 72 words · David Dixon III

A correction is defined as an index dropped more than 10% below its closing high.

Gains by tech shares have been a significant engine of growth for the overall market in recent years.

Discovery surrendering 6% to $10.70.

New York Stock Exchange

A view of the New York Stock Exchange building in New York CityMostafa Bassim/Anadolu via Getty Images

Paramount Global stock also ticked up 2%.

Bessent said at an Economic Club of New York event.