US Stocks Fall After Trump Refuses to Rule Out Recession Amid Tariff Concerns

Articles

Summary

Dow plunges 1,000 points, Nasdaq craters as recession fears batter stocks

The S&P 500 continued its fall from a record high in February, with strategists cautioning of ongoing stock volatility amid uncertainty about U.S. trade policy, tariffs and inflation.

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CBS News

Dow sees 1,000 point drop before closing down 889 points after Trump declines to rule out recession

The Dow Jones Industrial Average on Monday took about 1,000 point tumble after President Donald Trump on Sunday declined to rule out a possible recession but ended up closing down 889 points, or a 2.08% drop.

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Just The News

US economy meltdown as Donald Trump's tariffs spark stock market frenzy

Asked about warnings of an economic contraction in the first quarter of the year, Mr Trump seemingly acknowledged that his plans could affect US growth.

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Daily Express

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News Results

Dow falls nearly 900 points and Nasdaq dives 4% as stock selloff gathers steam

The broadest index of stocks, the S&P 500, was down as much as 2.1% Monday. The tech-heavy Nasdaq was off 3.4% as it plunged deeper into "correction" territory. The Dow Jones Industrial Average dropped nearly 500 points, or 1.2%.

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2d ago

U.S. Stocks Plunge As Trump Warns Of Economic ‘Transition’ Period

All major indices tumbled on Monday, with the S&P 500 dropping 2.8%, the Dow Jones falling 2%, and the Nasdaq plunging more than 4%. Last week, Trump slapped 25% tariffs on imports from Mexico and Canada, only to instantly exempt the vast majority of imported goods. He also doubled a blanket tariff on goods from China to 20%.

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2d ago

US stocks drop sharply as Trump hedges on recession

The key Dow Jones average of 30 blue chip stocks dropped more than 1%. The broader S&P 500 index fell 2 percentage points and the tech-heavy Nasdaq barometer off more than 3 percentage points. Trump imposed new 25% tariffs on Mexican and Canadian exports to the U.S.

MIDDLE

2d ago

Stocks Get Hammered After Donald Trump Refuses to Rule Out Recession

The Dow Jones Industrial Average dropped 2.1 percent on Monday. The Nasdaq Composite took the heaviest hit, plunging 4 percent. Trump addressed "rising worries" that his policies may lead to a recession during an appearance on Fox News' Sunday Morning Futures with Maria Bartiromo.

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2d ago

Dow falls by almost 900 points in market rout after Trump says he won't rule out a recession

Dow falls by almost 900 points in market rout after Trump says he won't rule out a recession. Wall Street’s fear gauge hit its highest level this year. The rout on Wall Street extended a miserable month for markets that has seen the benchmark S&P 500 largely wipe out its gains since the US presidential election in November.

MIDDLE

2d ago

Dow sinks over 850 points as tariffs spark recession fears

The tech-loaded Nasdaq suffered the most, tanking 4.2%, on course for its biggest single-day percentage drop since September 2022. The S&P 500 is 8.5% below its record closing high reached less than a month ago. The bellwether index is on track to close below its 200-day moving average for the first time since November 2023.

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2d ago

Dow sinks nearly 800 points, Nasdaq sheds 4% after Trump refuses to rule out recession

Dow sinks nearly 800 points, Nasdaq sheds 4% after Trump refuses to rule out recession. The S&P 500 fell more than 2.5%, continuing last week’s steep decline. The Nasdaq Composite dropped by nearly 4%, extending its recent struggles.

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2d ago

What is a recession? Here's why anxiety is rising about falling into one

The tech-heavy Nasdaq stock index slipped into a correction last week. The broader S&P 500 neared that level Tuesday. It’s a sharp shift from just a month ago, when stock indices were at record highs. Many business executives were optimistic that President Donald Trump would cut taxes and pursue deregulation.

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18h ago

Stocks sink again, as Trump doubles down on tariffs

U.S. stocks sank again Tuesday, a day after the market had its worst day of the year. The Dow fell another 670 points, or 1.6%, by early afternoon trading. The S&P 500 was down 1.3%, and the Nasdaq fell 0.9%.

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22h ago

Trump refuses to rule out a recession as tariffs bite

The president said "I hate to predict things like that" when asked if he was expecting a downturn this year. Major US stock indexes dropped on Monday after capping its worst weekly loss in months on Friday. The recent weakness reflects growing concerns around an economic slowdown, particularly as Trump has followed through with his tariff policy.

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2d ago

US shares plummet again as Trump's refusal to rule out recession continues to rock America's economy

Tesla shares plummeted by at least 15% to $222 - which means it has lost more than half its value since its peak at $479.86 on 17 December. Heavy losses were seen across other markets, although bak and tech stocks were the hardest hit. Morgan Stanley, Citigroup and Goldman Sachs all dipped more than 4%.

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2d ago

US stocks inch lower, extending selloff amid recession concerns

The Dow Jones Industrial Average ticked down about 80 points, or 0.2%. The tech-heavy Nasdaq dropped about 0.15%. The slight drop in early trading on Tuesday followed a days-long market decline touched off by U.S. tariffs imposed last week on Canada, Mexico and China.

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Yesterday