U.S. stocks drifted lower on Monday to compound their sharp losses from last week. The S&P 500 dipped 0.5% after flipping between small gains and losses several times through the day. The relatively modest moves followed its 1.

Warren Buffett Sends a Dire $134 Billion Warning to Wall Street. History Says the Stock Market Will Do This Next.

The Fed has been holding its main interest rate steady after sharply cutting it through the end of last year. At their last policy meeting in January, Fed officials suggested they may stay on hold for a while given worries about how Trump’s proposed tariffs and mass deportations of migrants, along with other factors, could push upward on inflation.