Stocks tumble on recession fears, Trump tariff uncertainty
U.S. stocks tumbled on Monday on concerns about the effects of President Donald Trump’s tariffs on economic growth spooked investors. The Dow Jones Industrial Average fell 961 points, or 2.25%, while the Nasdaq Composite and S&P 500 were down 4.3% and 2.95%, respectively. The tech-heavy Nasdaq is on track for its worst day since September 2022; the S&P 500