Stock market tumbles as Trump stokes recession fears with bleak update on the economy

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Stock market tumbles as Trump stokes recession fears with bleak update on the economy

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Wall Street kicked off the week in the red as investors wrestled with economic uncertainty and fresh turbulence from Washington. The Dow Jones Industrial Average slid 439 points early Monday, down about 1 percent, while the S&P 500 tumbled 2 percent. The tech-heavy Nasdaq fell the furthest, shedding 3.5 percent in morning trading. Part of the stumble is likely attributed to President Trump's weekend remarks. In a Sunday Fox News interview, the President refused to rule out the possibility that his aggressive trade policies - including sweeping tariffs on key U.
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