Wall Street ends sharply lower as recession fears loom
- Wall Street's sell-off is slowing, with the S&P 500 down 0.3% in early trading amid worries about the economy and tariffs, having approached 9% below its all-time high.
- Delta Air Lines reduced its revenue growth forecast for early 2025 to 3% to 4%, citing waning demand for close-in flight bookings.
- President Donald Trump expressed support for Tesla, while the company's stock fell 15.4% on Monday, marking a 45% loss since the beginning of the year.
- The Dow Jones Industrial Average was down by 202 points, or 0.5%, suggesting ongoing volatility in the market.
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Europe also seems interesting to the market now, while the economic future in the United States seems uncertain.
·Helsinki, Finland
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+7 Reposted by 7 other sources
Stock markets extend losses over US tariffs, recession fears
Global stock markets extended losses on Tuesday after President Donald Trump doubled planned tariffs on Canadian steel, aggravating concerns his trade policies could push the United States toward recession.
·Calhoun, United States
Read Full ArticleMarkets today: Wall Street’s sell-off worsens after Trump ups the ante in his trade war
The U.S. stock market is sinking further Tuesday after U.S. President Donald Trump raised the stakes in his trade war, pulling Wall Street more than nine per cent below its record set just a month ago.
·Canada
Read Full ArticleWall Street indices expand losses, after President Trump said he would increase tariffs on steel and aluminum from Canada to 50%.
·Mexico City, Mexico
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Total News Sources363
Leaning Left43Leaning Right38Center135Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 20%
C 63%
R 18%
Factuality
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