‘Bloodbath’: US stock market sheds $1.75tn after Trump’s recession remarks

Al Jazeera

The Nasdaq 100 dropped 3.81%, its largest one-day decline since September 2022, contributing to a $1.7 trillion loss in the US stock market. President Trump’s comments on a potential recession this year led to the benchmark S&P 500 falling 2.7%, bringing it down nearly 9% from its peak on February 19.

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