Stock Market Enters Correction Territory

March 2025 marked a difficult month for equities as the S&P 500 fell 5.6%, entering correction territory with a 10.3% decline from February highs. The Nasdaq Composite dropped 7.6% amid concerns over AI-fueled growth sustainability and tariff uncertainties. Defensive sectors like utilities and healthcare outperformed, while technology and consumer discretionary stocks led losses. Bond markets provided a hedge, posting modest gains as investors sought safety amid volatility https://www.raymondjames.com/thewiseinvestorgroup/insights/words-from-the-wise/2025/04/08/march-2025-market-update