US Stock Markets Plunge Amid Trump's Tariff Plans and Inflation Concerns: Dow Jones Slides Nearly 500 Points

US stock markets experienced significant volatility due to President Trump's tariff plans and ongoing concerns about inflation. The Dow Jones index plummeted nearly 500 points, contributing to a 1,400-point drop over two days. The S&P 500 declined by 3.62% over the past week, briefly falling 10% from its peak. The Nasdaq Composite also suffered, dropping 4% in its worst day since September 2022. Investors are worried about trade policies, high inflation, and uncertainty surrounding the Federal Reserve's interest rate plans. The upcoming February US inflation report is highly anticipated, with estimates suggesting a 0.3% rise in the consumer price index (CPI) excluding food and energy. Financial advisors recommend that investors maintain cash reserves and avoid making emotional trading decisions during market downturns. They suggest reassessing portfolio allocations and focusing on long-term investment strategies. Despite the market dips, opportunities may arise to invest in quality companies at discounted prices.