Reported 3 days ago
The escalating trade war initiated by Trump's recent tariff increases has plunged Wall Street into chaos, with the Nasdaq confirming a bear market and both the Dow and S&P 500 facing steep declines. Traders are reacting to fears of a looming global recession, resulting in substantial losses across major indices, with record trading volumes reflecting heightened investor panic. Concerns are exacerbated by retaliatory measures from global partners, leading to predictions of significant economic challenges ahead.
Source: YAHOO