S&P flits in and out of correction territory as trade and tariff jitters slam stocks

New York Stock Exchange, Wall st, New York, USA

Matteo Colombo/DigitalVision via Getty Images

U.S. stocks slumped in afternoon trade on Thursday, as another benign inflation reading did little to dent concerns swirling around a back-and-forth trade war.

The benchmark S&P 500 (SP500) slipped in and out of correction territory, last -1.2%

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