Bloodbath in US Markets: S&P 500 and Nasdaq at Over 6-Month Lows
The US stock market experienced a massive selloff on Monday, with the S&P 500 and Nasdaq indexes hitting more than six-month lows. The sudden plunge in the market was triggered by concerns over US President Donald Trump’s upcoming announcement of tariff plans. As of 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 sharp decline in the market was fueled by worries that Trump’s tariff plans could lead to a recession. Investors are becoming increasingly anxious about the potential impact of tariffs on the global economy, and the recent decline in the market is a reflection of this anxiety. The S&P 500 and Nasdaq have both been trending downward over the past few weeks, with the S&P 500 falling by over 10% in the past month alone.
The selloff in the market was not limited to the S&P 500 and Nasdaq. The Dow Jones Industrial Average also fell sharply, down by over 450 points to 24,500. The Russell 2000 index of small-cap stocks was down by over 2% to 1,500.
The decline in the market was widespread, with all 11 sectors of the S&P 500 falling. The technology sector was hit particularly hard, with the Nasdaq Composite falling by over 2% to 16,913.52. The energy sector was also down, with the S&P 500 Energy Index falling by over 2% to 750.
The decline in the market was not limited to the US. Stock markets around the world were also falling, with the Stoxx Europe 600 index falling by over 1% to 390. The Nikkei 225 index in Japan was down by over 1% to 22,500.
The sharp decline in the market has raised concerns about the potential impact on the global economy. The US is the world’s largest economy, and a recession in the US could have a significant impact on the global economy. Many economists believe that a recession in the US is a real possibility, and the recent decline in the market is a reflection of this concern.
The decline in the market has also raised concerns about the potential impact on individual investors. Many investors have seen the value of their portfolios decline significantly in recent weeks, and the recent decline in the market has only added to their concerns. The decline in the market has also raised concerns about the potential impact on the US dollar. The dollar has fallen by over 10% in the past month, and the recent decline in the market has only added to its decline.
The recent decline in the market has also raised concerns about the potential impact on the US economy. The US economy has been growing at a slow pace in recent years, and the decline in the market has raised concerns about the potential impact on the economy. Many economists believe that the US economy is already showing signs of slowing down, and the recent decline in the market has only added to their concerns.
In conclusion, the recent decline in the US stock market has raised concerns about the potential impact on the global economy. The decline in the market has been fueled by worries over US President Donald Trump’s upcoming announcement of tariff plans, and the recent decline in the market has only added to concerns about the potential impact on the global economy. Many investors have seen the value of their portfolios decline significantly in recent weeks, and the recent decline in the market has only added to their concerns.
Source:
https://www.reuters.com/markets/us/futures-tumble-tariffs-fuel-recession-worries-2025-03-31/
