Wall Street unload: Dow Jones and NASDAQ close to traditionally dangerous days as fears over recession mount | EUROtoday

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The Dow Jones Industrial Average has misplaced greater than 1,000 factors because it nears one in every of its worst ever days and recession fears mount.

The U.S. inventory market is heading towards its worst day since 2022 following President Donald Trump’s commerce tariff chaos with Canada, Mexico and different nations.

Nasdaq suffered essentially the most, tanking 4.2 %, heading in the right direction for its greatest single-day share drop since September 2022, Reuters studies.

Trump didn’t rule out a recession in remarks over the weekend and stated it was a “period of adjustment.”

This is a breaking story.