Historically, February in a post-election year has been the worst month for the U.S. stock market, according to Carson Group. Indeed, the S&P 500 (SNPINDEX: ^GSPC) declined 1.4% last month as disappointing economic data and concerns about potential tariffs weighed on the stock market.

US stock market is on the declining path as Dow Jones plunged 427 points, reacting to Trump’s tariffs on Canadian steel and aluminum. The S&P 500 dropped 0.6%, while the Nasdaq Composite fell 0.1%. Market fears as the White House imposed higher duties on imports,