Stock market investors just got bad news about President Trump’s economy. History says this will happen next.

The Fed’s first rate hike in more than three years raises fears of a stock correction.

The Motley Fool says tariffs and the Iran conflict have contributed to inflation; Fed officials signaled another quarter-point increase later in 2026. The 10-year Treasury yield reached 5.01% on Sept. 18. The article cites the three previous rate-hiking cycles, after whose first hikes the S&P 500 and Nasdaq fell by averages of 11% and 17%, respectively, at some point over three months.