Reported 1 day ago
President Trump's recent tariff announcements have caused significant turmoil in the stock market, prompting analysts to reassess their outlooks. The Dow Jones, S&P 500, and Nasdaq Composite reported heavy losses, with fears that retaliatory tariffs could further harm the economy and deepen a potential recession. Experts suggest a substantial drop in the S&P 500 is possible depending on responses to these tariffs, with projections indicating it may sink towards 4,900 if certain conditions arise.
Source: YAHOO