Stocks Drop as Recession Fears Surface
Briefly

On Monday, Wall Street's major indexes faced their largest drop of the year as worries over the economy mounted. The S&P 500 fell by 2.7%, bringing it close to a correction following a three-week trend of declining values. President Trump's ambiguous statements on tariffs and the economy have contributed to this market angst. His refusal to dismiss the possibility of a recession underscores the unpredictability surrounding his tariff policies, which have been inconsistent and confusing for investors, leading to heightened market volatility.
Wall Street experienced its worst drop of the year, with the S&P 500 declining by 2.7% amid concerns about economic stability linked to Trump's uncertain tariff policies.
The recent market turbulence is less about bad news regarding tariffs and more about the uncertainty surrounding them, which has left investors feeling uneasy.
Read at www.nytimes.com
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