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S&P 500 Correction: 1 Spectacular Growth Stock to Buy Now and Hold for the Long Run
SPOTSpotify(SPOT) The Motley Fool·2025-05-03 17:03

The S&P 500 slipped into correction territory in April after suffering a decline of as much as 19% from its all-time high (narrowly avoiding the bear market threshold of 20%). The tariffs that President Donald Trump imposed on imported goods from America's trading partners triggered the sell-off, as investors feared they could lead to a severe economic slowdown.Tariffs primarily affect physical goods, whereas digital products and services are mostly exempt. Spotify Technology (SPOT 6.70%) operates the world ...