Wall Street declines as Trump hints at recession

Wall Street experienced a significant drop on March 10, 2025, after President Donald Trump suggested a potential recession in a Fox News interview. The Nasdaq fell 4%, and the S&P 500 dropped 2.7%, reflecting growing investor concerns. Tech and banking stocks were particularly affected. Tesla's shares fell 15%, losing over half their value since January. Other major companies like Nvidia and Apple also saw declines of around 5%. Asian markets mirrored the downturn, with Tokyo's Nikkei index closing down 0.63%. The Seoul Stock Exchange retreated 1.28%, and Sydney's market dipped 0.91%.