Reported about 17 hours ago
US stock futures nosedived as markets braced for the fallout from President Trump's escalating tariff policies, leading to significant losses across major indexes and fears of a potential recession. The S&P 500, Nasdaq, and Dow saw sharp declines, while China and EU announced retaliatory tariffs. Analysts predict worsening economic conditions, with JPMorgan forecasting a recession by late 2025 due to the adverse impact of tariffs on growth.
Source: YAHOO