S&P 500 Slumps as Recession Fears Mount Amid Trump…
From Financial Modeling Prep: 2025-03-11 03:20:02
U.S. stock markets plunged on Monday due to fears of a recession sparked by President Trump’s tariff policies. The Dow Jones fell by 2.1%, S&P 500 dropped 2.8%, and NASDAQ plunged 4%. Trump’s trade actions, including tariffs on China and threats of more worldwide, added to market uncertainty.
Global political developments, like Mark Carney’s election in Canada, have also impacted market sentiment. Carney criticized Trump’s trade policies, calling them harmful to Canadian workers. Investors are now awaiting key economic data, including the Consumer Price Index and Job Openings report, for further insight into the U.S. economic outlook.
With escalating tariffs, political uncertainty, and economic data releases, the market outlook is uncertain. Investors must remain vigilant as fears of a recession grow. Understanding the impact of U.S. trade policies and global economic pressures will be crucial in navigating market dynamics in the coming weeks.
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