Monday, March 10, 2025

Stock Rout Picks Up Steam With Recession Warnings Blaring

The US stock market is experiencing a sharp decline, with the NASDAQ 100 Index and S&P 500 Index on track for their worst day this year

  

Mar 10, 2025

The decline is attributed to warnings from Trump administration officials about the potential for a rough patch in the American economy, as well as rising concerns about a recession and trade wars. 

  • Strategists and economists are raising their odds for a US economic downturn, and the market is bracing for a prolonged period of turbulence, with some predicting a potential decline of 8% in the S&P 500. 
 Turbulence - Animated GIF (2) | GIFs :: Behance
Mike McKee reports on Bloomberg Radio.

Worries about a trade war, signs of flagging growth and splinters in the AI trade are pressuring U.S. shares


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