US stocks tumble on recession fears, Trump tariff uncertainty

American stocks fell on Monday, with concerns about the effects President Donald Trump The customs tariff for economic growth roams in investors.

Dow Jones Industrial Average decreased 890.01 points, or 2.08 %, while Nasdaq compound and S&P 500 4 % and 2.69 % slide, respectively. Dow and S&P 500 have seen their worst day since December 18; Heavy NASDAQ has spent its worst day since September 2022.

On Sunday, Trump refused to exclude the full recession of the American economy this year, as Maria Barteromo told an exclusive interview “on Sunday morning” that the country would witness a “transitional period” with the in effect of its policies.

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President Donald Trump speaks with media outlets in southern grass before going up to one at the White House in Washington, DC on February 28. (Reuters / Nathan Howard / Reuters)

“I hate prediction of such things,” he said. “There is a period of transition because what we do is very big. We are returning wealth to America. This is a big thing … it takes some time, but I think it should be great for us.”

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Financial markets have been volatile in recent weeks, as increasing trade tensions and signs of slowdown in economic growth in the United States weighing consumer confidence and commercial activity. Investors are struggling with a barrage of new policies from the new Trump administration, especially in trade, as the tariff -related policy of companies, consumers and investors has increased.

“The sale of the American market began to look ugly,” said Dan Kutworth, AJ Bell investment analyst. “Many people were concerned about high reviews between American stocks for some time and searching for a catalyst for market correction. A mixture of concerns about trade war, geopolitical tensions and unconfirmed economic expectations can be that catalyst.”

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The shares of American technology with a rich value have endured the last sale in Wall Street.

“The narration changes on a daily basis about the customs tariff – and this is what causes all this uncertainty,” said Art Hogan, the chief market expert at B Riley Wealth. “The damage to the markets that have to do with the poet are more reflected on the Nasdak Stock Exchange, because technology stocks are definitely affected more of the risk elements.”

Taylor Beni and Reuters contributed to Fox Business.