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U.S. stocks plummeted sharply at the opening bell on Monday, as investors grow increasingly anxious about the potential economic implications of President Trump’s policies.
The Dow Jones Industrial Average tumbled 350 points, or a staggering 0.8%, to reach an astonishing 42,452. Meanwhile, the S&P 500 and Nasdaq composite index both suffered significant losses, plummeting by 101 and 504 points respectively, equating to drops of 1.8% and 2.8%.
This sudden and unprecedented market rout has sparked widespread concern among investors, who are increasingly uneasy about the potential consequences of Mr. Trump’s economic decisions. Just yesterday, the President declined to rule out a recession in the coming year, stating that the economy is undergoing a period of significant change.
The White House remains steadfast in its assertion that recent tax cuts and revenue generated from tariffs will ultimately boost the economy. However, these claims have been met with skepticism by many experts, who warn that the administration’s policies may be having an adverse effect on the market.
As the situation continues to unfold, investors are left reeling from the sudden and dramatic downturn in the stock market.
Source: https://www.cbsnews.com/news/stock-market-down-investors-fret-impact-of-trump-policies-2025/
