US stocks tumble on recession fears, Trump tariff uncertainty
UBS Executive Director and Senior Portfolio Manager Jason Katsam discuss whether the US economy is on the verge of falling with “Varai and Packet”.
US stocks fell on Monday related concerns President Donald Trump Tariffs for economic growth are blowing investors.
Dow Jones Industrial’s industrial average fell 890.01 points or 2.08%, and NASDAQ Composite and S & P 500 slip 4% and 2.69% respectively. Dow and S & P 500 saw their worst on December 18; Tech-Heavy Nasdaq has been his worst day since 202222.
On Sunday, the victory rejected the full decline in the US economy this year, telling Maria Bartiromo in an exclusive interview “Sunday morning futures”.
Trump says US will feel “transition period” when they ask if the economy can see this year
President Donald Trump talked to the members of the media in the southern meadows before the sea ship in Washington was sitting on February 28. (Reuters / Nathan Howard / Reuters)
“I hate to predict such things” said about the fall. “There is a switching time, because we do what we are very big. We bring wealth to America. It’s a great thing, but I think it’s about to be a lot of time. “
Trump highly appreciates the “real patriot” elon Musk – “Many eyes” to open the device
Dow Jones Industrial Medium:
Financial markets have been unstable in recent weeks Commercial tension : Signs of slow down the US economic growth weighed on consumer confidence and business activities. Investors stem from a new Trump’s new policy, particularly in the trade, where the tariff policy has increased the uncertainty of business, consumers and investors.
“The sale of the US market is starting to look ugly,” said Dan Coatsu, an investment analyst at AJ Bell. “Many people have worried about the high scores of us that can be catalyst for a market correction.
| Grieving | Safety | Last | Change | Change% |
|---|---|---|---|---|
| I: Dji | Dow Jones Average Indicators: | 41911.71 | -890.01 |
-2.08% |
| SP500 | S & P 500 | 5614.56 | -155.64 |
-2.70% |
| I: Comp | NASDAQ Composite Index: | 17468.32141 | -727.90 |
-4.00% |
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The United States’s highly rated US technology has recently recently salt in Wall Street.
“The story changes every day around the tariffs, which is what all this uncertainty causes,” said the main market of Bi Riley wealth. “Around the Marketers, which is provided with mood damage, is more reflected in NASDAQ, as technology shares are, of course, more affects the mood of risk.”
In this report, Fox Business’ Taylor Penli and Reuters contributed to this report.
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