Stocks tumble on recession fears, Trump tariff uncertainty
Published On Mar 10, 2025, 3:10 PM
U.S. stocks took a significant hit, with the Dow Jones falling by over 890 points (2.08%), influenced predominantly by fears of a potential recession and uncertainties surrounding Trump’s tariff policies. The S&P 500 and Nasdaq Composite also experienced declines of 2.69% and 4.0%, respectively, marking some of their worst days in recent months. President Trump’s comments on an economic 'transition period' without discounting the possibility of a recession added to market jitters, as rising trade tensions and slowing economic indicators weigh on investor sentiment and confidence.
Stock Forecasts
SPY
Negative
The ongoing fears about recession and trade policy uncertainty are likely to continue to exert downward pressure on stock valuations in the near term. As investor sentiment remains cautious, especially in tech-heavy stocks, which are more sensitive to risk factors, further selloffs could happen unless there are positive indicators in economic data or trade negotiations.
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