Tuesday, March 11, 2025

Dow plunges 890 points after Trump declines to rule out recession Promises made Promises Kept!

 https://thehill.com/business/5185665-stocks-slump-as-recession-fears-rattle-wall-street/

The stock market kicked off the week with steep losses Monday after President Trump declined Sunday to rule out the U.S. economy slowing into recession.

The Dow Jones Industrial Average closed with a loss of 890 points Monday, falling 2.1 percent. The Nasdaq composite closed with a loss of 4 percent, and the S&P 500 index closed down 2.7 percent.

Stocks have fallen steadily since the start of March in response to a string of underwhelming economic data and whipsaw tariff announcements from the Trump administration. But the selloff intensified Monday after Trump demurred on his outlook for the U.S. economy in a Sunday interview.

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