US stock markets crash: Dow Jones plummets, S&P 500 down as Donald Trump tariffs, recession fears loom large
Trump has his stance regarding trade deficit reduction with partner nations, indicating he would not negotiate unless this issue was addressed.
US stock markets joined the global market selloff on Monday, with S&P 500 plunging 4%. S&P 500 saw its poorest performance since the COVID-induced economic crisis in March 2020. Markets are experiencing dramatic fluctuations as investors evaluate the implications of President Donald Trump‘s international trade policies.
The Dow Jones Industrial Average demonstrated extreme volatility, initially plummeting 1,700 points before surging 800 points higher, and subsequently declining 414 points. As of 1:33 pm, GMT-4, Dow Jones was trading at 332 point below the previous closure.
The S&P 500…
