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Well, good evening, everyone. I'm Laura Coates. And tonight, President Trump's tariffs, they are bringing more chaos, eating further into the 401ks of millions of Americans, sending markets deeper into the red. And now the bears are coming out.

Stocks falling off a cliff for a second straight session and closing right about at the lows.

We're coming on the air with breaking news about the economy and another brutal day on Wall Street.

The market's tanking right now.

The story of the hour steep selling again today.

The Dow entered correction and the NASDAQ has fallen into bare market territory.

Brutal isn't even the right word for it, is it?

All three of the major indexes dropped more than 5% today. And that, by the way, that's in addition to yesterday's huge plunge.

One high-profile trader is describing just how unprecedented all of this really is.

And what this means, especially for people who are closer to retirement.

You know, you have to look at it as a mini crash without any question.

Basically, the average person out there who is thinking about retiring in the next couple of years,

who eight weeks ago was looking at their portfolio, so many percent, double-digit percentage higher going,

you know what, now I can finally retire?

There's no explanation to this.

If America went through an operation, remember when Trump claimed that?

Well, the recovery isn't looking too good right now, is it? And it might be because China,

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