Dow plummets 1,500 points, Nasdaq down 4%, S&P 3% as Trump tariffs trigger recession fears
U.S. stock indexes fell sharply on Thursday as President Trump's tariffs on major trade partners sparked fears of a trade war and economic recession. Key technology stocks like Apple and Microsoft experienced significant declines, highlighting investor concerns. Traders anticipate multiple Federal Reserve interest rate cuts this year due to the heightened economic risks.