The market has been generally sinking since January. The new administration's "hurry up" offense has consumers and businesses very off balance. This off balance is slowing consumer spending and encouraging businesses to hold off many expansionary activities until the dust settles.
For the last several years, many have been buying just about any stock when the price drops. This can work well in a market that is trending up, but when the market trends down, this approach is disastrous.
