[Breaking] New York Stock Market Plummets on Trump-Induced Recession Fears... Nasdaq Down 4%
The three major indices of the U.S. New York stock market all closed sharply lower on the 10th (local time). Selling pressure surged as President Donald Trump expressed his determination to proceed with tariff bombardments even at the risk of an economic recession.
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On this day at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average (Dow) closed down 2.08% compared to the previous trading day. The S&P 500, focused on large-cap stocks, fell 2.69%, and the tech-heavy Nasdaq dropped 4%, closing the session sharply lower.
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