Bloodbath in US Markets, S&P 500 and Nasdaq at Over 6-Month Lows
The US stock market experienced a severe selloff on Monday, with the S&P 500 and Nasdaq indexes plummeting to their lowest levels in over six months. The indices fell sharply amid investor concerns over US President Donald Trump’s impending announcement of tariff plans, which has fueled worries about a potential recession.
At 09:44 am (US time), the S&P 500 was down 81.90 points (1.47%) to 5,499.04, while the Nasdaq was down 409.48 points (2.36%) to 16,913.52. The massive selloff wiped out the gains made by the US stock market in recent weeks, leaving investors reeling.
The decline in the S&P 500 and Nasdaq was widespread, with nearly all sectors of the market experiencing significant losses. The technology sector, which has been a bright spot in recent months, was particularly hard hit, with the Nasdaq Composite Index falling over 2.3%. The energy and financial sectors also suffered significant losses, as investors sold off stocks amid concerns about the potential impact of tariffs on the global economy.
The selloff in the US stock market was triggered by President Trump’s announcement that he would be imposing tariffs on imported steel and aluminum products. The move was seen as a protectionist measure aimed at protecting American industries, but it has also been criticized for its potential to disrupt global supply chains and increase costs for consumers.
Investors are now bracing themselves for the potential impact of the tariffs on the US economy, which could lead to a slowdown in growth or even a recession. The worry is that the tariffs will lead to retaliatory measures from other countries, which could disrupt global trade and lead to a decline in economic activity.
The selloff in the US stock market has sent shockwaves through the global economy, with markets in Asia and Europe also experiencing significant losses. The Japanese Nikkei 225 Index fell over 2% on Monday, while the German DAX Index fell over 1.5%.
Investors are now waiting with bated breath for President Trump’s announcement of the tariff plans, which is expected to be made in the coming days. The announcement is expected to have a significant impact on the US stock market, with investors likely to react negatively to any move that is seen as protectionist or anti-free trade.
In the meantime, investors are bracing themselves for a potentially volatile period in the US stock market. The selloff on Monday was one of the largest in recent history, and investors are likely to be on edge as they wait for the outcome of the tariff negotiations.
Conclusion
The selloff in the US stock market on Monday was a dramatic reminder of the uncertainty and volatility that investors are facing in the current economic environment. The decline in the S&P 500 and Nasdaq indexes was widespread, with nearly all sectors of the market experiencing significant losses.
Investors are now bracing themselves for the potential impact of the tariffs on the US economy, which could lead to a slowdown in growth or even a recession. The worry is that the tariffs will lead to retaliatory measures from other countries, which could disrupt global trade and lead to a decline in economic activity.
As investors wait with bated breath for President Trump’s announcement of the tariff plans, they are likely to be on edge in the coming days. The US stock market is likely to remain volatile, and investors would be well advised to remain cautious and diversified as they navigate the current economic environment.
News Source
https://www.reuters.com/markets/us/futures-tumble-tariffs-fuel-recession-worries-2025-03-31/
