US Stock Market Suffers Major Losses Amid Recession Fears and Tariff Tensions

US Stock Market Suffers Major Losses Amid Recession Fears and Tariff Tensions

The US stock market faced a significant downturn today, with around $1.5 trillion in market value erased as concerns about a potential recession and ongoing policy uncertainties took hold.

 The S&P 500 dropped 2.7%, marking a nearly 9% decline from its February high, as escalating tariff tensions added pressure on investor sentiment.

Tech stocks were hit hardest, with the Nasdaq 100 falling 3.8% in response to a broad shift towards safer investment