US Markets Plunge as Trade Policies and Recession Fears Shake Investor Confidence

Major indices see sharp declines, with Tesla leading losses, as President Trump's tariffs and economic outlook unsettle global markets.

The Dow Jones fell 2%, the S&P 500 dropped 2.7%, and the Nasdaq declined by 4%, marking its steepest one-day loss since 2022.
Tesla's stock plummeted 15%, erasing all gains since the 2024 election, amid concerns over CEO Elon Musk's dual roles and company performance.
Trump's shifting tariff policies and remarks about a potential recession have fueled market volatility and investor uncertainty.
Global investors are reallocating funds to safer assets, including US Treasury bonds, the Euro, and Chinese dividend stocks, as US equities falter.
Economic indicators, including rising unemployment and declining consumer spending, are adding to fears of a US economic slowdown.