Even Trump's base supporters are turning slightly more pessimistic. Sentiment fell 3.2% among Republicans. They backed Trump in last year's election on the promise that he would b

The S&P 500 fell 1.4% on Thursday, marking its lowest point of the year and sliding into a market correction, as it is now down 10.1% from the all-time high it reached less than a month ago. The Dow Jones Industrial Average also hit a year-to-date low, closing down 537 points.

Second, the U.S. stock market recovered remarkably quickly from the tariffs imposed during the first Trump administration. Specifically, while the S&P 500 declined 19.8% over a three-month period between September and December 2018, the index had already recouped its losses and reached a new high by May 2019.

CNBC host Jim Cramer said Tuesday that the falling stock market is a “screaming” warning to Donald Trump to change course when it comes to his tariffs. After explaining the recent decline in consumer confidence,