US Stock Market Crash: Dow Jones Plumets, S&P 500 Down 4% Donald Trump Tarifs, Recession fears loom

The US stock markets joined the Global Market Celloffs on Monday, with the S&P 500 to 3.2%. GMT, S&P 500 was trading at 4,870.94 at 9:38 pm, 203 points or 4%below. Nasdaq 14,894.10, 694 points or 4.45%below. S&P 500 saw its worst performance since the covid-inspired economic crisis in March 2020. Dow Jones Industrial Average declined by 1,200 points.
The stock market around the world is bleeding due to US President Donald Trump’s declaration of mutual tariff, which has stopped the possibility of a global recession, including the US. The Downward Trend converted Nasdac into the bear market area during last week, with S&P 500 and Dow Jones reached the same levels. A bear market occurs when the values are reduced by 20 percent from their recent highest point.
Next to the inauguration of the US stock market, Trump asked people not to weaken. “The United States has a chance to do something that should have been done decades ago. Don’t be weak! He said on social media.
European and Asian markets experienced a sharp decline, while S&P 500 index futures recorded a decline of 2.7% during Paraket Trading. The index fell 17.4% from its February peak from around the previous week. According to the AP report, market analysts typically classify a decline of 20% or more than the peak recently as a bear market.
Crude oil prices continued their decline, falling under $ 60 per barrel in a moment, not seen since 2021. Dow Jones Industrial Average Futures decreased by 2.4%, while Nasdac futures recorded a decline of 3%.
Trump on Sunday confirmed his stance on mutual tariffs regarding the lack of trade deficit with the partner nations, showing that he would not talk until the issue was addressed.
“Sometimes you have to take the medicine to fix something,” Trump said, while his administration was surprised by the instability of the market.
During the Air Force riding in one, he informed the journalists that the international leaders “were dying to make a deal.”
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The global stock markets have experienced the loss of trillions since Trump’s tariff announcement last week, showing further decline on Monday.
In a letter from a shareholder on Monday, JP Morgan Chase CEO Jamie Dimon warned that the tariff “is likely to increase inflation.”
According to an AFP report, “Whether or not the recession in the tariff menu remains in the question, but it will slow down development.”
Prominent investor Bill Ekman criticized the policies of the Trump administration, stating that the President was “starting a global economic war against the whole world at once” and advised them to “call out” at one time.
On Sunday, he expressed his concern over the X platform, warning that “we are going to a self-inspired, economic nuclear winter.”
Trump rebuked China
Donald Trump criticized China on Monday, when Beijing after a serious stock market after Beijing’s tariff initiative.
European markets suffered significant losses, yet the Asian markets experienced worse results. Hong Kong’s Hong Seng Index recorded a fall of 13.2 percent, marking its decline since the 1997 Asian financial crisis, while Tokyo’s Nikkei 225 saw a sufficient decline of 7.8 percent.
A fundamental 10 percent tariff on global imports came into effect on Saturday, which led to increased duties from additional countries from Wednesday, which included 34 percent duty on Chinese products and 20 percent on European Union goods.
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As the nations consider their reactions, Beijing announced its mutual 34 percent duty on the US imports starting on Thursday.
Trump reprimanded Beijing for “disregarding my warnings for the countries of misconduct in the early hours of Monday for” disregarding my warning, while describing China as “the biggest addicts of all of them” about the tariff.
Global market hard hit
Taipei experienced its most severe decline in history, declining by 9.7 percent.
The Stoxx Europe 600 index recorded a five percent decline during the afternoon trading, resulting in the market price to evaporate over 1.5 trillion euros within a few days.
Since April 2021, the primary American oil contract fell under $ 60 per barrel due to concerns about the worldwide economic recession worldwide, reaching its lowest point since April 2021.
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In the SPI Asset Management, Stephen Inse said, “Tell you in plain language in the market: Global demand is disappearing, and a global recession is on card and is coming fast.”
Indian equity markets on Monday saw a dramatic decline, which marks the most stable percentage fall in the same day since March 2020, during the Kovid -19 crisis.
Primary indices, BSE Sensax and Nifty 50, initially fell around 5% at the beginning of trading, before showing minor signs of recovery.
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