CrowdStrike shares drop on weak revenue guidance

The S&P 500 has fallen more than 10% from its record high, entering a correction and shedding trillions of dollars in market value.

The S&P 500 ended a nine-day winning run on Monday as the major averages slid.

“Perhaps it could be extended, but that’s a decision for the president to make,” Trump press secretary Karoline Leavitt said of the tariff extension deadlines.