Stocks are down. What does this mean for older, younger Americans with 401(k)s?
Stocks tumbled this week amid growing concerns over the economic impact of President Donald Trump’s tariffs. The benchmark S&P 500 avoided correction territory ‒ defined as at least a 10% decline from a recent high ‒ and ended the day down 0.76% at 5,572.07 points, up from a daily low of 5,528.41. The Dow Jones Industrial Average dipped 1.14%, while the Nasdaq composite fell 0.18%. Investment strategists told USA TODAY that the recent dip is no reason for Americans with retirement accounts such as 401(k)s...