Stocks fall as recession fears impact market confidence
Global stock markets declined on Monday as concerns about the U.S. economy grew. Investors are worried that tariffs could increase prices and disrupt trade, leading to slower growth. The S&P 500 fell about 2 percent, nearing a 10 percent drop from its recent high. This marks its worst day of the year so far. The Nasdaq experienced a sharper decline, dropping nearly 4 percent. Major tech companies like Tesla, Alphabet, Apple, and Nvidia saw significant losses, contributing to the market's downturn.