Reported about 9 hours ago
Wall Street is grappling with significant stock market losses following President Trump's aggressive tariffs, which have prompted retaliatory measures from China. The latest developments have led to fears that the S&P 500 could face a steep decline, potentially leading to a recession. With markets experiencing a $2.5 trillion drop and strategists lowering their year-end forecasts, the prospect of ongoing tariff turmoil and trade escalations looms over investors.
Source: YAHOO