The US stock market is experiencing significant volatility as fears over trade policies and rising bond yields are leading to steep sell-offs across major indexes. After a rough week marked by uncertainty surrounding tariffs and disappointing earnings from technology firms, the Nasdaq has entered correction territory, falling over 10% from its recent peak. The Dow Jones and S&P 500 are also facing declines, attributed to factors such as surging layoffs, the ongoing trade war, and slumping AI stock performance. Investors remain anxious as they await new job reports and comments from the Federal Reserve, with many analysts urging caution during this tumultuous period.